752 John Winstead Rd, Centerville, NC 27549
This exceptional 203.64-acre tract of land presents a remarkable opportunity for residential development in southern Franklin County, North Carolina. Located at the corner of Strickland Road and John Winstead Road, in Louisburg (zip code 27549), this property boasts a prime location with convenient access to local amenities. Preliminary conceptual plans indicate the potential for over 160 single-family residential lots. The property is comprised of two parcels, Franklin County PINs 2800-31-2965 and 2800-23-6648. The land is serviced by a community well and individual septic systems are planned. Two pricing options are available: $35,000 per lot for the entitled project or $120,000 per lot for finished lots. This presents a unique opportunity for developers seeking to capitalize on the growing demand for residential properties in this desirable area. The property's size and location make it an attractive investment for those seeking to create a thriving residential community. Detailed plans and further information are available upon request.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.