119 Hillsboro, Pittsboro, NC 27312
One-level brick building in downtown Pittsboro with high visibility.
- Added:
- Apr 15, 2026
- Days on Market:
- 57
- Last Refresh:
- Apr 15 at 8:25 pm
Property Features for 119 Hillsboro
General Information
- Standard status
- Active
- Size
- 1,475 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing agent ERIC ANDREWS License #177746
Listing office REALTY WORLD CAROLINA PROP (919) 545-9911
Listing date Apr 15, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of REALTY WORLD CAROLINA PROP
HighLights
- Prime commercial location on Pittsboro's Main Street (Hillsboro Street) with excellent visibility and high traffic
- Strong rental income potential in a rapidly growing area
- Flexible, open interior layout suitable for retail, office, or service‑based businesses
- One‑level brick building for easy access and usability
- Public parking nearby enhances customer convenience
- Recorded survey provides added confidence in property boundaries
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.8k | $24.96 |
| − Vacancy | −$6.4k | −$4.37 |
| EGI | $30.4k | $20.59 |
| − OpEx | −$7.6k | −$5.15 |
| NOI | $22.8k | $15.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pittsboro
- County
- Chatham
- State
- North Carolina
- Longitude
- -79.177232
- Latitude
- 35.7219159