New
Versatile Property With Commercial Building, Tillable Acreage And Road Frontage
Acreage
10.61 ±
County
Franklin
Price
$550,000
Description
Welcome to a truly versatile property in the New Hope Community of Franklin County, NC!
This 10.61-acre tract offers incredible potential for homesteaders, investors, and developers seeking a blend of open space, commercial opportunity, and rural character. The land features approximately 905 feet of road frontage on NC 98 Hwy, providing exceptional visibility and access. Roughly 5.5 acres of productive, tillable ground are currently in grain crop rotation—perfect for those interested in small-scale farming or generating rental income from local growers.
A key highlight is the 1,664 square foot commercial building, uniquely zoned NB (Neighborhood Business) on 1.398 acres, opening the door to a variety of business ventures such as retail, office, or service enterprises. The remainder of the property is zoned R-30, offering flexibility for residential or mixed-use development. The land’s layout and zoning make it ideal for those dreaming of a private homestead with the added benefit of investment or business potential.
Additional improvements include a couple of old houses and barns, which are excluded from the property’s valuation but add character and possibilities for restoration or storage. County water is conveniently available at the road, simplifying future development or agricultural use. The property’s open fields, wooded edges, and established access provide a rare opportunity to create your vision—whether that’s a family retreat, a working farm, or a strategic investment for future growth.
Important Note: Acreage is based on tax records and should be verified by a survey. Buyers should conduct their own due diligence regarding soil conditions, building suitability, and any development restrictions.
Ready to Learn More? Contact me today with any questions or to schedule a private showing. All showings must be conducted with a licensed agent present for safety and security.
Summary
Property
Outbuildings
Shop, Barn
Road Surface
Pavement
Property Type
Farms, Residential Land, Undeveloped Land, Commercial Land, Horse Property
Road Frontage
State Highway
Approximate Distances
| 5 mi | Bunn |
| 7 mi | Rolesville |
| 20 mi | Raleigh |
| 30 mi | Wilson |
Utilities
electric: onsite
water: onsite
internet: nearby
Address 2714 NC 98 Hwy W Louisburg, NC 27549
View on Google MapsDetails
- 10.61 acres with mixed NB and R-30 zoning
- 1,664 sq ft commercial building (NB zoned)
- Approx. 5.5 acres tillable (grain rotation)
- 905’ of frontage on NC 98 Hwy
- County water available at the road
Area Links
Other
Coordinates
35.9703, -78.3385
Annual Taxes
$694