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3004 U.S. 401 Hwy - M.H. Freeman Land Company 282.61 Acres of Residential Land Offered at $11,835,029 CAD in Louisburg, NC 27549

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INVESTMENT HIGHLIGHTS

282.61 acres with excellent potential for residential single family development.
Easy access to US 401 less than 15 miles from Raleigh city limits.

First time on the market in several generations.

EXECUTIVE SUMMARY

Prime residential development property. See attached marketing package for additional information.

MH Freeman Land Company Marketing Package March 2025

Franklin County UDO Article 5 Zoning Districts and Standards R30

PROPERTY FACTS Under Contract

Price	$11,835,029 CAD	Proposed Use	Single Family Development
Sale Type	Investment or Owner User	Total Lot Size	282.61 AC
No. Lots	1	Cross Streets	Huntsburg Drive
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Residential
Zoning	R-30 - "R-30" Single Family Residential by Franklin County

Price	$11,835,029 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Single Family Development
Total Lot Size	282.61 AC
Cross Streets	Huntsburg Drive
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-30 - "R-30" Single Family Residential by Franklin County

1 LOT AVAILABLE

Lot

Price	$11,835,029 CAD	Lot Size	282.61 AC
Price Per AC	$41,877.60 CAD

Price	$11,835,029 CAD
Price Per AC	$41,877.60 CAD
Lot Size	282.61 AC

First time on the market in multiple generations. 282.61 acres of land (per tax records) along US Highway 401 and Huntsburg Drive, west of Louisburg. Less than 15 miles from Raleigh city limits.