Sledge Rd Louisburg, NC 27549
- Commercial real estate
- 1.26 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Sledge Rd
- Lot size
- 1.26 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.26-acre commercial property presents a unique investment opportunity in Louisburg, North Carolina. Strategically located at the entrance to Lake Royale, this parcel boasts Highway Business zoning, providing significant potential for a variety of commercial ventures. The property's prime location offers unparalleled access to a substantial residential market, serving over 1,000 homes, approximately 3,000 residential lots, and 2,000 multi-use parcels within the Lake Royale community. Its proximity to the lake makes it ideal for businesses catering to recreational activities or residents' daily needs. The property's size and zoning flexibility allow for a wide range of development possibilities, from a much-needed convenience store to a boat and trailer storage facility. Given the high concentration of residential properties and the lack of similar commercial offerings in the immediate vicinity, this location offers a strong potential for high returns. The property is situated approximately four miles from the town of Bunn, NC, providing convenient access to additional amenities and services. This is a rare opportunity to establish a thriving business in a rapidly growing community. The asking price is $110,000. Don't miss this chance to secure a piece of prime commercial real estate in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Louisburg
- County
- Franklin
- State
- North Carolina
- Longitude
- -78.2589
- Latitude
- 36.0742