Bought with Property Specific, LLC
$701,700
$758,500
7.5%For more information regarding the value of a property, please contact us for a free consultation.
2350 US 1 Highway Franklinton, NC 27525
18.5 Acres Lot
Key Details
Sold Price $701,700
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 2484507
Sold Date 03/28/23
Lot Size 18.500 Acres
Acres 18.5
Property Sub-Type Unimproved Land
Source Triangle MLS
Property Description
BUILDER/INVESTOR OPPORTUNITY. Location, location, LOCATION! Only $41k per acre for commercial property. Over 18 acres just waiting to be developed with road frontage on Capital Blvd between Youngsville and Franklinton! Unlimited potential for commercial improvement, neighborhood or an investment in this rapidly developing area. 1280' road frontage. Location benefits from major turn-around on highway. Direct access to both North & South 4 lanes. Two-acre pond buffer between Capital Blvd and land. $15k+dam upgrade to install new pipes underwater and high water valve in 2017. All utilities are on site or very close. Zoned General Business (GB). Contact Franklin County to submit application for rezoning. Adjacent property for sale that would accommodate additional acreage if needed by buyer. Well and septic tank on property. Sold as-is. Partially cleared with hardwoods. Appointment required. Do not enter home.
Location
State NC
County Franklin
Zoning GB
Direction US 1/Capital Blvd north from Wake Forest to Franklinton. Property on the right just after passing Bert Winston Rd., across from Martin Marietta Rock Quarry.
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
View Y/N Yes
Present Use Vacant
Private Pool No
Building
Lot Description Partially Cleared, Rolling Slope, Sloped, Wooded
Faces US 1/Capital Blvd north from Wake Forest to Franklinton. Property on the right just after passing Bert Winston Rd., across from Martin Marietta Rock Quarry.
Water Public, Well
Schools
Elementary Schools Franklin - Franklinton
Middle Schools Franklin - Franklinton
High Schools Franklin - Franklinton
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