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86 Commercial Tract Hillsborough, NC 27278

OFF-MARKET Land Google Maps
12.27 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 12.27-acre commercial land tract presents a compelling investment opportunity in Hillsborough, North Carolina. Located on Old NC Highway 86, this property boasts a gently rolling topography with excellent drainage. Its strategic location offers significant advantages, situated adjacent to the UNC Healthcare Hillsborough Campus, ensuring high visibility and accessibility. The property is serviced by readily available utilities, including water, electricity, and telephone services, with sewer already on-site. This prime location benefits from the considerable growth experienced in the surrounding area in recent years, making it an ideal site for various commercial developments. The asking price is $1,800,000, translating to approximately $146,699 per acre. The property's parcel number (APN) is 9873-02-9910. This is a rare chance to acquire a substantial commercial land parcel in a thriving area with excellent infrastructure and proximity to a major healthcare facility. Don't miss this opportunity to capitalize on the continued growth and development in Hillsborough. Contact us today to learn more about this exceptional property.

Property profile

Verified
Property type Land
Lot 12.27 ac (534,481 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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