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    OFF-MARKET
    Land

    0 Us-70, Hillsborough, NC 27278

    4.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 4.4 ac (191,664 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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