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Property profile & analytics

Old Nc 86 Hillsborough, NC 27278

  • Commercial real estate
  • 3.05 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for Old Nc 86

Lot size
3.05 lot acres
Property type
Commercial real estate

Description

This exceptional 3.05-acre commercial property in Hillsborough, NC, presents a unique investment opportunity. Strategically located on Old NC Highway 86, it boasts unparalleled access to major transportation arteries, being just one mile south of I-85 and half a mile north of I-40. Its prime location offers proximity to key destinations, including the UNC Hospitals Hillsborough Campus (one mile away) and adjacent to UNC Urgent Care. The surrounding area is experiencing significant growth, with nearby developments including townhomes and established retailers such as Walmart, Home Depot, and several fast-food chains. The property benefits from its prestigious proximity to UNC Chapel Hill and Duke University, as well as the thriving communities of Chapel Hill and Durham. Zoning is under Orange County jurisdiction, with potential for annexation into the Town of Hillsborough. The property's versatility allows for a wide range of development possibilities, including office or medical facilities, hotels or restaurants, warehouse/office flex space, or even residential development. There's also the potential to combine this property with two adjacent parcels for a total of 11.57 acres, enabling larger-scale projects or phased developments. Offered at $650,000, this represents exceptional value for a high-demand location with flexible use potential in one of North Carolina's most desirable regions. This is a rare opportunity for investors and developers seeking a strategic site to realize their vision.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Hillsborough
County
Orange
State
North Carolina
Longitude
-79.104
Latitude
36.0534
More about this property
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