Property profile

56 Hwy 401 & Hwy Louisburg, NC 27549

OFF-MARKET
Land
2.07 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.067-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, benefiting from its proximity to a Walmart Supercenter. The site is designated as Parcel 10 within a larger shopping center development, ensuring a strong retail presence and established customer base. The land is currently available for development, offering significant potential for various commercial uses. Existing building footprints on the site include a 1200 sq. ft. space (Space B7) and a 4400 sq. ft. space (Space A7-9), providing options for immediate occupancy or redevelopment. The property's location in Franklin County, North Carolina, offers a growing market with a strong local economy. This outparcel presents a unique chance to capitalize on the established success of the surrounding retail environment and create a thriving commercial venture. The property's size and location make it ideal for a variety of commercial developments, from smaller retail spaces to larger-scale projects. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving North Carolina community. Don't miss out on this exceptional investment prospect.

Property profile

Verified
Property type Land
Lot 2.07 ac (90,039 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 56 Hwy 401 & Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message