Property profile

401 Louisburg Rd Louisburg, NC 27549

OFF-MARKET
Land
1.85 ac lot
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Property summary

AI-generated overview

This exceptional 1.85-acre commercial land parcel presents a phenomenal retail investment opportunity in Louisburg, North Carolina. Located on US Highway 401, this property boasts a prime location with high visibility and significant daily traffic volume exceeding 23,000 vehicles. The site is zoned for Highway Business use within the Town of Louisburg, offering flexibility for a variety of commercial developments. Its strategic position directly adjacent to a cluster of established businesses creates a synergistic environment. Neighboring retailers include major national brands such as Walmart, Walgreens, and Truist Bank, along with local favorites like Bojangles and Moss Foods. This ensures high foot traffic and strong consumer presence, making it an ideal location for businesses seeking maximum exposure and accessibility. The property's 1.85-acre size provides ample space for development, allowing for significant build-out potential. The asking price for this exceptional retail land is $890,000. This presents a rare opportunity to acquire a highly desirable commercial property in a thriving North Carolina community. The address is 401 Louisburg Rd, Louisburg, NC 27549.

Property profile

Verified
Property type Land
Lot 1.85 ac (80,586 SF)

Cap rate & NOI

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

Location

401 Louisburg Rd 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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