05/27/2026
Franklin County is one of the fastest growing counties in North Carolina. The Triangle is pushing people north, and the need for senior care beds in this market is real and it's not slowing down.
361 Leonard Road in Louisburg, NC is a value-add play for the right operator or investor. Not turnkey and is priced accordingly. This 62-bed former assisted living facility is listed at $700,000. Full documentation is available - prior appraisal, inspection report, and construction budget.
Overview:
2020 appraisal at $3,040,000 when fully operational
Franklin County tax value $2,013,430
~18,000 SF on 4+ acres
Commercial kitchen and common areas already in place
New roof completed
NCDHHS has toured the property — inspection report available.
Needs sprinkler system and code updates for re-licensure.
Contact John Conlon at 919-495-4185 for more information.
Listed by Raynor Realty powered by REAL