TBD NC-561 - Call For Offers, Thursday April 10, 2025 165 Acres of Commercial Land in Louisburg, NC 27549


INVESTMENT HIGHLIGHTS
- Approximately 4.720 Acres of Commercial.
- Approximately 43 Miles To Raleigh Durham International Airport and 32 Miles to Downtown Raleigh.
- Approximately 1 Mile To Downtown Louisburg.
- Approximately 40 Miles To North Hills/Midtown.
EXECUTIVE SUMMARY
Approximately 165 net acres/approximately 91 Upland-Buildable Acres located on NC-561 Hwy in Louisburg. The property is approximately 1 mile from downtown Louisburg, approximately 43 miles to Raleigh Durham International Airport, and approximately 40 miles to North Hills/Midtown in Raleigh.
Also available is an approximately 4.720 net acres zoned I-1 (Light Industrial), which is located at the corner of NC-561 Highway and Industrial Drive. This Property is located across Industrial Drive from the Residential Acreage. While not a part of the Residential offering, the Commercial Acreage may be of interest to developers of the Residential Acreage.
The Property is currently zoned A-R (Agricultural Residential). Included in the documents are two PDFs with emails from Terry Satterwhite, Planning and Zoning Administrator, for the Town of Louisburg with information regarding the comprehensive plan as well as information regarding water and sewer lines/pipes. There is also information indicating the density is based on the number of dwelling units and not the lot size. As such, it may be possible to shift some of the density from the wetland acreage to the upland/buildable acreage. Terry recommends a possible rezoning to PUD-R or R-2.
As indicated in Terry Satterwhite’s email and as reflected on the water/sewer map in the marketing materials, there is an 8” sewer pipe (gravity) running through the Property and an 8” water line abutting the Property along NC-561.
Pilot Environmental has completed a wetland delineation survey of the Property, which is included in the attached marketing materials. Pilot has been engaged to have the wetlands confirmed with the US Army Corps of Engineers, so that work is well underway.
The Seller recently had the Property surveyed, so a current survey is available as is reflected in the marketing materials.
Also available is an approximately 4.720 net acres zoned I-1 (Light Industrial), which is located at the corner of NC-561 Highway and Industrial Drive. This Property is located across Industrial Drive from the Residential Acreage. While not a part of the Residential offering, the Commercial Acreage may be of interest to developers of the Residential Acreage.
The Property is currently zoned A-R (Agricultural Residential). Included in the documents are two PDFs with emails from Terry Satterwhite, Planning and Zoning Administrator, for the Town of Louisburg with information regarding the comprehensive plan as well as information regarding water and sewer lines/pipes. There is also information indicating the density is based on the number of dwelling units and not the lot size. As such, it may be possible to shift some of the density from the wetland acreage to the upland/buildable acreage. Terry recommends a possible rezoning to PUD-R or R-2.
As indicated in Terry Satterwhite’s email and as reflected on the water/sewer map in the marketing materials, there is an 8” sewer pipe (gravity) running through the Property and an 8” water line abutting the Property along NC-561.
Pilot Environmental has completed a wetland delineation survey of the Property, which is included in the attached marketing materials. Pilot has been engaged to have the wetlands confirmed with the US Army Corps of Engineers, so that work is well underway.
The Seller recently had the Property surveyed, so a current survey is available as is reflected in the marketing materials.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
Lot Size | 165.00 AC |
Approximately 165 Net Acres/Approximately 91 Upland-Buildable Acres, NC-561 Hwy In Louisburg, NC, Approximately 1 Mile From Downtown Louisburg (Water & Sewer To The Property)
1 of 1
ZONING
Zoning Code | A-R (Agricultural-Residential) |