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0 NC 56 Hwy
Franklinton, NC 27525
Factory & Frontage · Land For Sale
·
13.55 AC
Investment Highlights
- A rare find with paved city streets on all four corners. Ingress and Egress have never been easier.
- The property owner has developed a visionary site plan, encompassing five commercial buildings, each offering a range of 32,000 sqft to 8,000 sqft.
- The subject property is within the City Limits and has water, sewer, and gas onsite.
- Previously zoned as a Mixed Use District, the future land use is designated for General Commercial, aligning perfectly with the town's growth.
- The property benefits from a thorough assessment, including environmental phase 1 and phase 2 studies, alongside a comprehensive boundary survey.
- The Town has approved a greenway through the property connecting downtown to Novozymes one of the area's largest employers.
Executive Summary
Discover Franklinton, a growing community strategically located at the northern gateway to The Research Triangle Park. Ideally positioned just off US 1, Franklinton provides effortless access to North Raleigh within a 10-minute drive and the I-440 beltline in under 30 minutes.
This property is in a federally designated Opportunity Zone, presenting an excellent opportunity for multi-family, mixed-use, and age-restricted developments with potential tax advantages. With roots as the former site of Burlington Mills Factory, this tract is primed for a new chapter and substantial growth.
Surrounding this parcel are dynamic, approved developments:
DRB Project: 600 residential units with a private school
Burlington Park: 120 townhome units
Cortlandt Manor: 149 single-family homes
Beekman Place: 50-unit townhome project within 2,000 feet
With an expanding residential base and upcoming infrastructure improvements, Franklinton offers developers a unique chance to participate in a town ready for growth and transformation. Take part in creating Franklinton’s future and capitalizing on the opportunity that lies here. The transformation begins with you.
This property is in a federally designated Opportunity Zone, presenting an excellent opportunity for multi-family, mixed-use, and age-restricted developments with potential tax advantages. With roots as the former site of Burlington Mills Factory, this tract is primed for a new chapter and substantial growth.
Surrounding this parcel are dynamic, approved developments:
DRB Project: 600 residential units with a private school
Burlington Park: 120 townhome units
Cortlandt Manor: 149 single-family homes
Beekman Place: 50-unit townhome project within 2,000 feet
With an expanding residential base and upcoming infrastructure improvements, Franklinton offers developers a unique chance to participate in a town ready for growth and transformation. Take part in creating Franklinton’s future and capitalizing on the opportunity that lies here. The transformation begins with you.
Property Facts
2 Lots Available
Lot
| Lot Size | 11.98 AC |
| Lot Size | 11.98 AC |
13.55 acres along NC 56 in Franklinton, NC. This site is primed for General Commercial Use. Ingress from all four sides with water and sewer on site. 1865-57-8232 = 11.6 acres 1865-66-9977 = 1.59 acres 1865-67-2355 = .36 acre
Lot
| Lot Size | 1.57 AC |
| Lot Size | 1.57 AC |
13.55 acres along NC 56 in Franklinton, NC. This site is primed for General Commercial Use. Ingress from all four sides with water and sewer on site. 1865-57-8232 = 11.6 acres 1865-66-9977 = 1.59 acres 1865-67-2355 = .36 acre
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