Property profile

2 Taylor Rd Louisburg, NC 27549

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel, located at 2 Taylor Rd, Louisburg, NC 27549, presents a unique investment opportunity. Zoned LI (Light Industrial), this flat, well-configured lot offers approximately 200 linear feet of road frontage, providing excellent accessibility. The property is partially wooded and boasts no restrictive covenants, allowing for maximum flexibility in development plans. Its advantageous location offers proximity to key infrastructure, including the Franklin County Airport and Highway 401, ensuring convenient transportation links. The asking price for this exceptional property is $155,000. The land is currently vacant, presenting a clean slate for immediate development. Given its zoning, size, and location, this property is well-suited for a variety of light industrial uses, making it an attractive proposition for both investors and businesses seeking a strategic location in Louisburg, North Carolina. The lease expiration date is November 16, 2023, and there is no remaining lease term.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Taylor Rd Louisburg, NC 27549
Louisburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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