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0 1 Hwy
Franklinton, NC 27525
0 US 1 Highway · Land For Sale
·
88.47 AC
INVESTMENT HIGHLIGHTS
- Gently rolling topo. The tract has been cleared. Very little wetlands. County water and sewer nearby. 15,550 AADT. Great location on US-1 just north
EXECUTIVE SUMMARY
This tract is split zoned. 24 +/- acres is zoned Highway Commercial and 65 acres is zoned Residential with 270' road frontage. Owner will subdivide. County water is close. The commercial land can be rezoned to Residential. Access to property from US-1 and Mann Street. Gently rolling topography; slopes from front to back.
This property is located on the west side of US-1, just north of Franklinton.
This property is located on the west side of US-1, just north of Franklinton.
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 88.47 AC |
| Zoning | C - Commercial and Residential | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 88.47 AC |
| Zoning | C - Commercial and Residential |
1 LOT AVAILABLE
Lot
| Price | $1,997,000 | Lot Size | 88.47 AC |
| Price Per AC | $22,572.62 |
| Price | $1,997,000 |
| Price Per AC | $22,572.62 |
| Lot Size | 88.47 AC |
DESCRIPTION
Gently rolling topo. The tract has been cleared. Very little wetlands. County water and sewer nearby. 15,550 AADT. Great location on US-1 just north of recently revitalized downtown Franklinton. Access from US-1 and Mann Road. 7 miles from the Wake County line.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $630,550 | Total Assessment | $630,550 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$630,550
Improvements Assessment
$0
Total Assessment
$630,550
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