56 Interchange Franklinton, NC 27525
- Land
- 10.50 lot acres
Current Use by Public Records
- Land
Property Details for 56 Interchange
- Lot size
- 10.50 lot acres
- Property type
- Land
Description
This exceptional 10.5-acre commercial land parcel presents a remarkable investment opportunity at the high-traffic intersection of US Highway 1 and Highway 56 in Franklinton, North Carolina. Boasting 820 feet of road frontage and a mostly flat topography, this property is ideally suited for a variety of commercial developments, including hotels, retail spaces, office buildings, storage facilities, or convenience stores. The site benefits from readily available city water and sewer services. The property is located within Franklin County's extraterritorial jurisdiction (ETJ), offering advantages in terms of development regulations. Adding to its appeal, two existing buildings are included in the sale: a 3,412-square-foot vacant restaurant and a 2,517-square-foot multi-tenant building currently generating income. The strategic location offers convenient access to major transportation arteries, situated 7 miles north of Wake County, 17 miles from Raleigh's city limits, 25 miles from Durham, and 22 miles from I-85 in Henderson. This prime location, coupled with its size and existing infrastructure, makes this a truly exceptional opportunity for investors and developers seeking a high-visibility site with significant growth potential. The seller is willing to subdivide the property to accommodate specific development plans.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklinton
- County
- Franklin
- State
- North Carolina
- Longitude
- -78.4525
- Latitude
- 36.1146
