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502 Waterstone Dr Hillsborough, NC 27278

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For Sale
$5,120,000

11.42 acres adjacent to UNC Hospitals Hillsborough Campus.

Property size:
11 SF
Lot size:
11.42 Acres

Property Features for 502 Waterstone Dr

General Information

Size
11 SF
Lot size
11.42 Acres

Source: Will Smith Agent Will Smith

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hillsborough Medical Office Outparcels

The Waterstone South Medical Office Outparcels offer a unique opportunity within Hillsborough’s expanding healthcare corridor. The site, totaling 11.42 acres across two parcels, is located directly adjacent to the UNC Hospitals Hillsborough Campus, providing unmatched proximity for healthcare-related development. Medical services represent the largest employment sector in Hillsborough, and Durham Technical Community College is located just across the street. The properties are positioned at the center of an established and growing healthcare ecosystem. The parcels enjoy high visibility and immediate access to NC-86 and the newly widened I-40, which includes two additional lanes stretching westward from 15-501 in Durham/Chapel Hill to I-85 toward Greensboro. This infrastructure upgrade enhances connectivity and positions the site for regional accessibility for patients, providers, and visitors. The zoning is Planned Development - Conditional Zoning. The location is ideal for outpatient facilities, specialty practices, or provider overflow, with potential alignment with UNC Health’s long-term growth strategy. The site consists of two parcels totaling 11.42 acres: 9.61 acres (PIN 9873423183) and 1.81 acres (PIN: 9873520371).
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
-79.0824
Latitude
36.0821

FAQs

What type of property is this?
Land - 11.42 acres adjacent to UNC Hospitals Hillsborough Campus.
Where is this land located?
The property is located at 502 Waterstone Dr Hillsborough, NC.
What is the asking price?
The asking price for this property is $5,120,000.
What are key features of this property?
This property features: - Directly adjacent to UNC Hospitals Hillsborough Campus, providing unmatched proximity.; - Located in Hillsborough's rapidly expanding healthcare corridor.; - High visibility and immediate access to NC-86 and I-40.
More about this property
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