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Franklinton: A Thriving Hub at The Crossroads of Opportunity

ACTIVE 13.55 +/- Acres OFFERING MEMORANDUM
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Why You'll Love It

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.

Read More

Parcel #/ID

1865-57-8232, 1865-66-9977, 1865-67-2355

Legal Information

1865-57-8232 = 11.6 acres

1865-66-9977 = 1.59 acres

1865-67-2355 = .36 acre

Property 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.  

Zoning:

MUD

Future Land Use:

GC

Commercial Market:

Raleigh

Commercial Submarket:

Franklinton

Listing ID#:

2774154


Location
0 NC 56
Franklinton, NC 27525
Coordinates:

36.103305975542 , -78.434783317661

From I-540 West, take exit 14 to US-1. Travel north for 17 miles. Take the exit for NC-56. 

Contact
Cory Bowes
Director of Commercial
5.0 stars
26 reviews
Cell: 336-583-5370
See all of my listings
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