0 Us-1 Franklinton, NC 27525
This exceptional 24-acre parcel, located on US-1 in Franklinton, North Carolina, presents a unique investment opportunity. Zoned for Highway Commercial use, this property offers significant development potential. The land is comprised of several assembled parcels and the seller is open to subdividing to accommodate various project needs. Priced at $840,000 ($35,000/acre), this cleared tract boasts approximately 270 feet of road frontage, providing excellent visibility and accessibility from both US-1 and Mann Street. The gently rolling topography makes for versatile development options. While a portion of the land is wooded, a significant area is already cleared. County water and sewer lines are conveniently located nearby, simplifying infrastructure connections. The absence of wetlands further streamlines the development process. This prime location in Franklin County, NC (zip code 27525), offers easy access to major transportation routes and a growing community. This property is ideal for a variety of commercial ventures or could be subdivided for residential development. Don't miss this chance to acquire a substantial land holding in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.