0 Us-401 Louisburg, NC 27549
Exceptional commercial land opportunity awaits in Louisburg, North Carolina. This 2.3-acre parcel is strategically located on US-401, a high-traffic corridor boasting an average daily traffic count of 23,000 vehicles. The property is zoned for Highway Business use by the Town of Louisburg, offering a wide range of development possibilities. Its prime location places it directly adjacent to a thriving retail cluster, including major national brands such as Walmart, Walgreens, Truist Bank, and Bojangles, as well as a local grocery store, Moss Foods. This ensures high visibility and convenient access for potential businesses. The site itself, designated as Outparcel G, has already been cleared and graded, simplifying the development process and reducing upfront costs. Public water, sewer, and gas utilities are readily available, further enhancing its appeal. Priced at $1,200,000, this property presents a compelling investment opportunity for developers and businesses seeking a prominent location in a growing community. Franklin County location offers easy access to regional transportation networks. Don't miss this chance to secure a prime piece of commercial real estate in a high-demand area.
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
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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.