Current Use by Public Records
- Land
Property Details for 0 Nc 56 Hwy
- Lot size
- 13.55 lot acres
- Property type
- Land
Description
This exceptional 13.55-acre commercial land parcel in Franklinton, NC, presents a unique investment opportunity. Situated at the northern gateway of the Research Triangle Park and conveniently located off US 1, this property offers unparalleled access to North Raleigh (10-minute drive) and the I-440 beltline (30-minute drive). The site boasts 1,900 feet of frontage along NC 56, a major east/west connector, with paved city streets on all four sides ensuring easy ingress and egress. Previously zoned as a Mixed Use District, the future land use is designated General Commercial, perfectly aligning with Franklinton's rapid residential growth. Surrounding developments include approved projects totaling over 800 residential units and a private school, creating high demand for retail and commercial amenities. A visionary site plan includes five commercial buildings ranging from 8,000 to 32,000 square feet. The property is within city limits with readily available water, sewer, and gas. Comprehensive due diligence has been completed, including Phase 1 and Phase 2 environmental studies and a boundary survey. Furthermore, the Town has approved a greenway traversing the property, connecting downtown to Novozymes, a major local employer. This is a remarkable chance to capitalize on Franklinton's exciting growth trajectory. The property's strategic location, infrastructure, and approved zoning make it ideal for a variety of commercial developments.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Franklinton
- County
- Franklin
- State
- North Carolina
- Longitude
- -78.4348
- Latitude
- 36.1033
