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    1807 Nc-86 Hillsborough, NC 27278

    Sponsored
    For Sale
    $695,000

    2.54 Acres, High-Intensity Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.54-acre commercial land parcel presents a unique investment opportunity in Hillsborough, North Carolina. Strategically located at the northwest corner of I-85 Exit 165 and NC-86, this property boasts high visibility and convenient access to major transportation routes. The site is zoned for high-intensity commercial use, offering a wide range of development possibilities. All essential utilities are readily available, including water, sewer, gas, electric, and phone service. This prime location makes it ideal for a variety of commercial ventures, from retail establishments and restaurants to office buildings and light industrial uses. The asking price is $695,000, representing a compelling value for this strategically positioned land. The seller will also consider a ground lease arrangement, providing flexibility for potential buyers. This property is situated in Orange County, North Carolina, with the address listed as 1807 NC-86, Hillsborough, NC 27278. The property's geographic coordinates are 36.060151 latitude and -79.084671 longitude. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

    Property Features for 1807 Nc-86

    General Information

    Property type
    Land
    Lot Size
    110,642 SF

    HighLights

    • $695,000 asking price.
    • 2.54‑acre commercial land parcel.
    • Located at 1807 NC‑86, Hillsborough, NC 27278.
    • High‑intensity commercial zoning.
    • Utilities available (water, sewer, gas, electric, phone).
    • Ground lease option considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hillsborough
    County
    Orange
    State
    North Carolina
    Longitude
    -79.084671
    Latitude
    36.060151

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    FAQs

    What type of property is this?
    Land - 2.54 Acres, High-Intensity Commercial Zoning
    Where is this land located?
    The property is located at 1807 Nc-86 Hillsborough, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: $695,000 asking price.; 2.54-acre commercial land parcel.; Located at 1807 NC-86, Hillsborough, NC 27278.
    Request Owner's contact information
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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
    1807 Nc-86 Hillsborough, NC 27278
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