US-1 Hwy Youngsville, NC 27596
This exceptional 2.18-acre commercial land parcel is strategically located at the signalized intersection of US-1 Highway and NC-96 in Youngsville, North Carolina, near the Wake County line. The property boasts a prime location with excellent visibility and accessibility, experiencing a daily traffic count exceeding 27,000 vehicles on US-1. It's zoned NB (Neighborhood Business) within Franklin County, allowing for a diverse range of permitted uses. These include, but are not limited to, gas stations, daycare centers, banks, restaurants (including drive-thrus), veterinary clinics, retail spaces, vehicle repair and sales facilities, and self-storage or outdoor storage units. A permit is already in place for driveway access from both US-1 and NC-96, simplifying development. The Franklin County PIN is 1843-84-5723. This property presents a significant opportunity for investors and developers seeking a high-visibility location with substantial traffic flow and versatile zoning options. The asking price is $2,000,000. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.