Commercial Land - For Sale
Route 1 Franklinton, NC 27525
Details & Description
Price: $2,000,000
  • Property Type Land for Sale : Industrial Land
  • Lot Size Acres 78.890
  • Land Sq Ft 3,436,448
  • Land Price per Sq Ft $0.58
PROPERTY DESCRIPTIONOver 78 acres of raw land zoned Light Industrial, the parcel is the perfect opportunity for industrial development. The municipality will also consider zoning for various residential uses. The water supply is in close proximity to the property. There is road frontage on Hwy 56 and access consideration from American Legion road off Rte 1.LOCATION DESCRIPTIONThis property is a vacant land lot inside the municipality of Franklinton, NC. The area experiences a high traffic volume as the crossroad of Hwy 56 and Rte 1 connects I-95, Raleigh and I-85.
Property Highlights
 Array
Listing Agents
Diego Munoz
KW Commercial
O: 919-675-2750
M: 919-413-5131
diegom@kw.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Route 1

Franklinton, NC 27525

Listing ID: 300315
$2,000,000
For Sale
  • Property Type Land for Sale : Industrial Land
  • Lot Size Acres 78.890
  • Land Sq Ft 3,436,448
  • Land Price per Sq Ft $0.58
Route 1 Franklinton, NC 27525 | for Sale | Photo 1
Property Highlights
 ROAD FRONTAGE: Frontage from Hwy 56 (W Green St.) with access consideration from American Legion Road off of Rt
 ZONING: LI - Light Industrial. Town will favorably consider zoning for residential uses.
 UTILITIES: Easy access to municipal water supply
 PRICE: $25,452/AC
Description

PROPERTY DESCRIPTION

Over 78 acres of raw land zoned Light Industrial, the parcel is the perfect opportunity for industrial development. The municipality will also consider zoning for various residential uses. The water supply is in close proximity to the property. There is road frontage on Hwy 56 and access consideration from American Legion road off Rte 1.

LOCATION DESCRIPTION

This property is a vacant land lot inside the municipality of Franklinton, NC. The area experiences a high traffic volume as the crossroad of Hwy 56 and Rte 1 connects I-95, Raleigh and I-85.

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Franklinton Area Market Trends

Listing Demographics for Route 1 Franklinton, NC 27525

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population1,3516,27016,187
Population Median Age333940
Population by Age0-9 Yrs269 (19%)922 (14%)2097 (12%)
10-19 Yrs232 (17%)746 (11%)1871 (11%)
20-29 Yrs202 (14%)753 (12%)1840 (11%)
30-39 Yrs132 (9%)703 (11%)1854 (11%)
40-49 Yrs179 (13%)765 (12%)2289 (14%)
50-59 Yrs118 (8%)894 (14%)2511 (15%)
60-69 Yrs113 (8%)832 (13%)2202 (13%)
70+ Yrs107 (7%)655 (10%)1521 (9%)
Median HH Income$45,768$50,847$57,627
Total Household Income< 24K110 (25%)555 (22%)1269 (19%)
25-49K113 (26%)646 (26%)1357 (21%)
50-74K36 (8%)495 (20%)1360 (21%)
75-99K71 (16%)293 (11%)846 (13%)
100-199K73 (17%)392 (16%)1342 (20%)
200K+22 (5%)69 (2%)248 (3%)
Highest Education LevelNo Diploma1075211054
Diploma or GED24214573489
Some College1198662559
Assoc. Degree504161264
Bachelors Degree1206562002
Higher Degree61245893
Total Housing Units5272,8117,216
--Owner-Occupied2731,7804,892
--Renter-Occupied1526701,529
Owner-Occupied Values< 100K1106091218
100-199K955851565
200-299K503191153
300-399K13177631
400-499K239169
500K+352156
Total Working Age Population9704,93512,955
In Work Force5472,9358,262
Not In Work Force4232,0014,693
Workforce Employed4622,6837,678
Workforce Unemployed84248580
Civlian Workforce5462,9318,258
Military Workforce134
Total Households4242,4506,421
Family Households2801,6184,443
Non-Family Households1448321,978
Married Couple1851,1883,424
Other Family954301,019
Married w/Child973841,134
Single Male w/Child01399
Single Female w/Child50183389

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
North Carolina8,049,313+189,535,483+1110,630,691+1111,836,070
Vance County42,954+645,422+246,142+246,944
Franklin County47,260+2860,619+1670,212+1681,204
Granville County48,498+2459,916+462,147+1269,540

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
Raleigh Durham International Airport (RDU) 24
Piedmont Triad International Airport (GSO) 82
Richmond International Airport (RIC) 116