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    Us-70 Hillsborough, NC 27278

    Sponsored
    For Sale
    $820,000

    4.4 Acres Commercial Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.4-acre commercial property in Hillsborough, NC, presents a unique investment opportunity. The land consists of three contiguous parcels boasting significant street frontage along Hwy 70, Latta Road, and Miller Road, ensuring high visibility and accessibility. The property includes a 1,368 square foot brick house, suitable for conversion into office space or a commercial building. Currently zoned AR, the property offers potential for rezoning to General Business, subject to town approval. Its prime location offers excellent access to the I-85 and I-40 corridors, placing it within easy reach of major transportation routes. The property's strategic position directly across from the State Employees Credit Union and surrounded by established businesses, including Walgreens, Food Lion, Dollar General, and several restaurants, guarantees high traffic and strong interaction with potential customers. This location is situated in a thriving retail area, making it an ideal site for a variety of commercial ventures. The property's size, location, and existing infrastructure combine to create a compelling opportunity for businesses seeking a high-visibility presence in a rapidly growing area of Orange County. The zip code is 27278.

    Property Features for 0 Us-70

    General Information

    Property type
    Land
    Lot Size
    191,664 SF

    HighLights

    • High‑traffic location with excellent visibility from Hwy 70 E in Hillsborough, NC.
    • Strong retail location surrounded by national brands like Walgreens, Food Lion, and Dollar General.
    • Prime retail area in a highly desirable Hillsborough, NC trade area.
    • Excellent street access, frontage, and visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hillsborough
    County
    Orange
    State
    North Carolina
    Longitude
    -79.0617207
    Latitude
    36.068021

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    FAQs

    What type of property is this?
    Land - 4.4 Acres Commercial Land, High Visibility
    Where is this land located?
    The property is located at Us-70 Hillsborough, NC.
    What is the asking price?
    The asking price for this property is $820,000.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility from Hwy 70 E in Hillsborough, NC.; Strong retail location surrounded by national brands like Walgreens, Food Lion, and Dollar General.; Prime retail area in a highly desirable Hillsborough, NC trade area.
    (336) 516-5591
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    Us-70 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
    Us-70 Hillsborough, NC 27278
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