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    415 Nc 86 Hillsborough, NC 27278

    For Sale
    $389,000

    1.17 Acres, Prime Location, $389,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1.17-acre commercial lot presents a unique investment opportunity in the thriving town of Hillsborough, North Carolina. Located at 415 N NC 86, this property offers significant potential for a variety of commercial ventures. The expansive acreage provides ample space for development, allowing for flexibility in design and functionality. Its strategic location on NC 86 ensures high visibility and convenient access for customers and employees. The property's zoning (which should be independently verified) will dictate the permissible uses, but the size and location suggest a wide range of possibilities, from retail establishments and office spaces to light industrial uses or a mixed-use development. This is an ideal site for entrepreneurs seeking to establish a strong presence in a growing community. The asking price of $389,000 represents a compelling value for a property of this size and location in Hillsborough. Serious inquiries are encouraged to explore the development potential and secure this prime commercial land parcel. Further due diligence, including a thorough review of zoning regulations and environmental assessments, is recommended before any purchase decision. This property is being offered as-is. Don't miss this chance to acquire a valuable piece of Hillsborough real estate. Contact us today to schedule a site visit and discuss the possibilities.

    Property Features for 415 Nc 86

    General Information

    Property type
    Other commercial real estate
    Lot Size
    50,965 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hillsborough
    County
    Orange
    State
    North Carolina
    Longitude
    -79.10423
    Latitude
    36.09293

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    FAQs

    What type of property is this?
    Commercial real estate - 1.17 Acres, Prime Location, $389,000
    Where is this commercial real estate located?
    The property is located at 415 Nc 86 Hillsborough, NC.
    What is the asking price?
    The asking price for this property is $389,000.
    (919) 249-5515
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    415 Nc 86 Hillsborough, NC 27278
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    415 Nc 86 Hillsborough, NC 27278
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