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Why You'll Love It
Franklin County is one of North Carolina's fastest-growing regions, and this fully approved residential subdivision is primed to meet the area's expanding demand. Located at the corner of Highway 56 and Lane Store Road in Franklinton, this project offers an ideal blend of single-family homes and townhomes, making it an attractive investment opportunity.
The site has been annexed into the town and features access to municipal water and sewer. The seller has secured a fully approved site plan with water allocation* to both subdivisions as follows:
- Beekman Place: A 6.78-acre development featuring 50 townhomes (20' x 55' units). This desnity can be reduced to 27 Single Family lots through Administrative change with the town of Franklinton. It has full water allocation to either desnity.
- Van Cortland Manor: A 129-unit single-family subdivision on 34.05 acres with 6,000 sqft lots. There have been 50 Units of allocation provided here.
Both subdivisions are contiguous, offering ingress/egress along Van Store Road, and the location sits conveniently between Franklinton and Louisburg, providing excellent connectivity. Buyers are encouraged to submit offers based on the unit count. Contact the listing broker for the seller's preferred terms.
This property is a fantastic opportunity for developers to take advantage of Franklin County's rapid growth. Don’t miss out on this high-potential investment!
Please contact Listing Agent for further information regarding water allocation and Franklin County Process.
Parcel #/ID
1865-95-4229 , 1865-95-4229
Legal Information
Franklin County PIN(s): 1865-95-4229, 1865-95-4229
Property Highlights
| Commercial | Land, Residential Development |
- Click here for our digital commercial brochure
- Water has been allocated to both subdivisions (contact broker for details).
- 5 % of the development is allocated for recreational / open space.
- Project engineering is handled by Bowman of NC.
- Beekman Place: A 6.78 acre development featuring 50 townhomes (20'x55' units) or 27 single-family 6,600 sqft lots.
- Van Corland Manor: A 129-Unit single-family subdivision on 34.05 acres with 6,000 sqft lots.
- Buyer’s agents are to be compensated directly by the buyer. For details on the seller's preferred purchase terms, please contact the listing agent.
Zoning:
Planned Development
Future Land Use:
Planned Development
Commercial Market:
Raleigh
Commercial Submarket:
Franklinton
Listing ID#:
3065194
Location
36.098402633895 , -78.426790213424
Head west on I-540W, take exit 14 for Falls of Neuse Road, turn onto US-1 North, travel 10.5 miles and exit onto S Main St / NC 56. Property is located at the corner of NC 56 and Lane Store Road.
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