For Sale
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Property summary
This exceptional retail property, located at 3459 US Highway 1 in Franklinton, NC, presents a unique investment opportunity. Built in 1965 and significantly remodeled in 1980 and 1990, the 2,288 square foot building boasts excellent visibility from US-1 and Highway 56, benefiting from an estimated 22,000 vehicles per day (VPD) on US-1 and 9,500 VPD on Highway 56. The property features 155 feet of road frontage, ensuring high exposure to potential customers. A built-in and covered drive-thru adds significant convenience, complemented by a prominent pole sign for enhanced branding. Practical features include a dumpster enclosure, a fully equipped interior, a walk-in cooler, and a walk-in freezer. Recent improvements include new curb and asphalt paving. Situated within city limits, this property offers the added advantage of an available ABC permit. The one-acre lot provides ample space for operations and potential expansion. This turnkey operation is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Franklinton market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-3H · Franklinton, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3H in Franklinton, NC.
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Find the owner behind the property.
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