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    378 Churton St Hillsborough, NC 27278

    • Land
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 378 Churton St

    Lot size
    5.00 lot acres
    Property type
    Land

    Description

    This exceptional 5-acre commercial land parcel in Hillsborough, North Carolina, presents a unique dual or triple-use development opportunity. Located at 378 S Churton St, the property boasts fantastic exposure to I-85 and S. Churton Street, offering significant visibility for any commercial venture. The site is zoned HIC, and utilities including city water/sewer, power, and natural gas are readily available. The property is divided into two distinct sections. The smaller eastern portion currently houses a functioning Mexican restaurant, providing immediate income potential. The larger, elevated western portion, previously occupied by a steakhouse and a ten-plex apartment building (both demolished), offers substantial space for new construction. This prime location benefits from the proximity to a new master-planned community under construction less than a mile away, projected to include 950 dwellings, ensuring a strong and growing customer base. The property's APN is 9864807203. With its strategic location, existing infrastructure, and subdivision potential, this 5-acre lot represents a compelling investment opportunity for developers seeking high-impact commercial projects in a thriving North Carolina market. The asking price is $3,750,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hillsborough
    County
    Orange
    State
    North Carolina
    Longitude
    -79.1049
    Latitude
    36.0584

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    378 Churton St
    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
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