Factory & Frontage
The Northern Gateway of the Research Triangle Park
Marketing description
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.
Legal Information:
1865-57-8232 = 11.6 acres
1865-66-9977 = 1.59 acres
1865-67-2355 = .36 acre
Investment highlights
- Click the link for our Interactive Commercial Brochure
- 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
- A rare find with paved city streets on all four corners. Ingress and Egress have never been easier.
- Previously zoned as a Mixed Use District, the future land use is designated for General Commercial, aligning perfectly with the town's exponential residential growth. The demand for additional retail, commercial, and neighborhood amenities has never been greater.
- 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 of commercial space.
- The property benefits from a thorough assessment, including environmental phase 1 and phase 2 studies, alongside a comprehensive boundary survey.
- The subject property is within the City Limits and has water, sewer, and gas onsite.
- The Town has approved a greenway through the property connecting downtown to Novozymes one of the area's largest employers.
- The site boasts exceptional access from all directions, featuring an impressive 1,900 feet of frontage along NC56, a main east/west connector linking Louisburg and Franklinton.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
