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554 S Cheatham St
Franklinton, NC 27525
Land For Sale
·
1.34 AC
Investment Highlights
- Strategic commuter location near Raleigh with access to the Triangle’s expanding market.
- Vehicle-centric traffic profile with an average commute time of 31.7 minutes.
- Dual demand stream from local residents and through-traffic along US Highway 1.
- Positioned in a high-growth county supporting new commercial infrastructure.
- Development-ready site with favorable zoning and access to major regional hubs.
- Proven concept for automotive or service-oriented businesses supported by traffic counts.
Executive Summary
- Visible from US HWY 1 divided highway lighted intersection
-County Water available on the short side of the road
-Zoned C-3H (Highway Commercial): allows for explicitly highway-oriented commercial uses like eating establishments, office uses, retail sales/general retail, vehicle sales, vehicle services, self-storage, sales of manufactured homes/rec vehicles.
- Within walking distance to Food Lion anchored Franklinton Square which includes: Family Dollar, Napa Auto Parts, The UPS store, Subway ABC Store, Hometown Cafe, Chen's Kitchen, Tobacco World, Cuban Style Barbershop, Roma Pizza, and Julie's Nails Salon
-Prime location just north of the Raleigh–Durham–Chapel Hill & Research Triangle Park
- Franklinton is miles 25.9 miles from Raleigh and 9.5 miles from Wake?Forest.
-Located in Franklin?County, which is among the fastest-growing counties in the greater Triangle region, supporting strong development momentum.
-As key urban markets (Raleigh, Wake Forest) become increasingly congested and expensive, communities like Franklinton are well-positioned to capture the overflow of residents, commuters and services.
-With the town serving as a gateway / growth edge for the triangle’s suburban spread, there is opportunity to capture the “first stop” services for commuting traffic or future residential expansions.
Property Facts
1 Lot Available
Lot
| Price | $1,775,358 CAD | Lot Size | 1.34 AC |
| Price Per AC | $1,324,893.98 CAD |
| Price | $1,775,358 CAD |
| Price Per AC | $1,324,893.98 CAD |
| Lot Size | 1.34 AC |
554 S Cheathem St. Franklinton, NC 27525 34.3 miles from RDU, 29.5 miles from Raleigh, 29.4 miles from Durham, 19.9 miles from I-85, 34.6 miles from I-40, 36.9 miles from HWY 70
Description
The property consists of 1.34 acres located at 554 S Cheatham St in Franklinton, NC, within Franklin County. It is situated along US Highway 1 at a lighted intersection with a reported traffic count of 20,500 vehicles per day. The site is zoned C-3H, which permits highway-oriented commercial uses. It is within walking distance of Franklinton Square Shopping Center and approximately 25.9 miles from Raleigh and 9.5 miles from Wake Forest. The property is located within city limits and is in proximity to major regional transportation routes.
Property Taxes
| Parcel Number | 007852 | Improvements Assessment | $225,786 CAD |
| Land Assessment | $403,920 CAD | Total Assessment | $629,706 CAD |
Property Taxes
