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    Old Nc 86 Hwy Hillsborough, NC 27278

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    For Sale
    Contact for pricing

    4.8 Acres, Prime I-85 Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.8-acre commercial land parcel presents a unique development opportunity in Hillsborough, North Carolina. Situated on Old NC 86 Hwy, the property boasts high visibility and convenient access, being less than 1.5 miles from Interstate 85. The land consists of two contiguous parcels, providing flexibility for a variety of commercial development projects. This strategic location offers businesses the chance to capitalize on the area's growth and strong economic activity. The property's size and location make it ideal for a range of uses, from retail and office space to light industrial development. With its proximity to I-85, businesses will benefit from excellent transportation links and easy access to a large workforce. The address is 0 Old NC 86 Hwy, Hillsborough, Orange County, NC 27278. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving North Carolina market. Serious inquiries are encouraged.

    Property Features for 0 Old Nc 86 Hwy

    General Information

    Property type
    Land
    Lot Size
    209,088 SF

    HighLights

    • 4.8‑acre commercial land parcel in Hillsborough, NC.
    • High‑visibility location on Old NC 86 Hwy, <1.5 miles from I‑85.
    • Two contiguous parcels offer development flexibility.
    • Ideal for retail, office, or light industrial uses.
    • Excellent transportation links and access to a large workforce.
    • Address: 0 Old NC 86 Hwy, Hillsborough, Orange County, NC 27278.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hillsborough
    County
    Orange
    State
    North Carolina
    Longitude
    -79.1059892
    Latitude
    36.0138184

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    FAQs

    What type of property is this?
    Land - 4.8 Acres, Prime I-85 Location
    Where is this land located?
    The property is located at Old Nc 86 Hwy Hillsborough, NC.
    What are key features of this property?
    This property features: 4.8-acre commercial land parcel in Hillsborough, NC.; High-visibility location on Old NC 86 Hwy, <1.5 miles from I-85.; Two contiguous parcels offer development flexibility.
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    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
    Old Nc 86 Hwy Hillsborough, NC 27278
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