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Property profile & analytics
OFF-MARKET
Land

0 Us-401 Louisburg, NC 27549

2.3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.3 ac (100,188 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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