Property profile

56 Hwy 401 & Hwy Louisburg, NC 27549

OFF-MARKET
Land
0.98 ac lot
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Property summary

AI-generated overview

This exceptional 0.98-acre commercial land parcel presents a remarkable investment opportunity in Louisburg, North Carolina. Strategically located at the intersection of Hwy 401 and Hwy 56, this property enjoys high visibility and accessibility, situated in a thriving shopping center anchored by a Walmart Supercenter. The site is designated as Parcel 8 and offers significant potential for various commercial developments. Development plans could incorporate the existing available spaces. Space B7 offers 1200 square feet, while spaces A7-9 provide a combined 4400 square feet. This prime location benefits from the substantial traffic generated by the Walmart Supercenter and surrounding businesses, ensuring high foot traffic and excellent exposure for any new venture. The property's location in Franklin County, North Carolina, provides access to a growing community and strong regional economy. This outparcel presents a unique chance to establish a successful business in a high-demand area. The property's size and location make it ideal for a variety of commercial uses, offering investors a compelling opportunity for growth and return. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a highly visible and well-located commercial land parcel in a rapidly developing area. Don't miss out on this exceptional investment prospect.

Property profile

Verified
Property type Land
Lot 0.98 ac (42,689 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

56 Hwy 401 & Hwy Louisburg, NC 27549
Louisburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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