Store Lane Store Rd, Franklinton, NC 27525

Property Details for Store Lane Store Rd

Lot size

41.99 lot acres

Property type

Land

Description

This exceptional 41.99-acre commercial land parcel presents a remarkable investment opportunity in Franklin County, North Carolina, a region experiencing rapid population growth. Located at the intersection of Highway 56 and Land Store Road in Franklinton, this fully approved residential subdivision boasts a prime location between Franklinton and Louisburg, ensuring excellent accessibility. The property is conveniently annexed into the town and offers access to municipal water and sewer services. The approved site plan encompasses two distinct phases: Beekman Place, a 6.78-acre development designed for 50 townhomes (20' x 55' units), and Van Cortland Manor, a 34.05-acre single-family subdivision planned for 129 units on 6,000 sq ft lots. Both phases are contiguous, sharing ingress/egress along Van Store Road. The project includes 5% of the land allocated for recreational/open space, and engineering is being handled by Bowman of NC. A water allocation request has already been submitted. Offers are encouraged based on the unit count, and buyers are strongly urged to submit offers without contingencies related to water allocation prior to closing. This development is perfectly positioned to capitalize on Franklin County's expanding housing market. The property's strategic location and comprehensive planning make it an ideal investment for developers seeking high-potential returns. APN: 1865-95-4229, 1865-95-4229. Zoning: Planned Development.

Location Insight

City

Franklinton

County

Franklin

State

North Carolina

Longitude

-78.4268

Latitude

36.0984