Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13 Hillsboro St Pittsboro, NC 27312
    Back to Search
    Property profile & analytics

    13 Hillsboro St Pittsboro, NC 27312

    View on Map
    • Office properties & Spaces
    • 174 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community Focus of NC, Inc / Property Management Company
    • TLC Professional Relocation / Moving Company / Storage Facility
    • Intensive Probation & Parole / Probation Office

    Property Details for 13 Hillsboro St

    Property size
    174 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional executive office suite, located at 13 Hillsboro St in Pittsboro, North Carolina, presents a unique opportunity for a single tenant. The property boasts a total of 174 square feet of well-maintained space, currently entirely vacant and ready for immediate occupancy. Situated in Chatham County, this conveniently located office offers easy access to local amenities and transportation networks. The single-tenant occupancy ensures privacy and control over the entire space. Ideal for a small business, entrepreneur, or professional requiring a dedicated and efficient workspace. The property is classified as an office building of the Executive Office subtype. The address is 13 Hillsboro St, Pittsboro, NC 27312. This is a fantastic opportunity to establish a professional presence in a desirable location. The property's size makes it perfect for a solo practitioner or a small team. With its convenient location and readily available space, this office suite is an attractive option for those seeking a productive and comfortable work environment. The property is ready for immediate lease and offers a chance to customize the space to meet specific business needs. Contact us today to schedule a viewing and secure this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pittsboro
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.1778
    Latitude
    35.7205

    Comparable in this City

    • Value Estimation by Request
      4,158 SF

      140 East St

      Office properties & Spaces • 4,158 SF
      140 East St, Pittsboro, NC 27312
      View Details
    • Value Estimation by Request
      2,516 SF

      14 Small St

      Office properties & Spaces • 2,516 SF
      14 Small St, Pittsboro, NC 27312
      View Details
    • Value Estimation
      $3,210,000
      16,247 SF

      369 Ww St

      OFFICE (GENERAL) • 16,247 SF
      369 Ww St, Pittsboro, NC 27312-9573
      View Details
    • Value Estimation by Request
      2,193 SF

      2261 Us 64th Business E

      OFFICE (GENERAL) • 2,193 SF
      2261 Us 64th Business E, Pittsboro, NC 27312
      View Details
    • Value Estimation
      $900,000
      7,812 SF

      20 Sanford Rd

      OFFICE (GENERAL) • 7,812 SF
      20 Sanford Rd, Pittsboro, NC 27312-9515
      View Details
    • Value Estimation by Request
      3,374 SF

      604 Ww St

      OFFICE (GENERAL) • 3,374 SF
      604 Ww St, Pittsboro, NC 27312-8821
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,944 SF

      Downtown Pittsboro Two-Level Office Building

      Two-level office building in Downtown Pittsboro with high visibility.
      72 Hillsboro St, Pittsboro, NC 27312
      View Details
    • Contact for pricing

      Office Space Near Pittsboro

      Office/therapy space near Pittsboro, 1.4 miles from Mosaic.
      3850 501 Hwy, Pittsboro, NC 27312
      View Details
    • Contact for pricing
      1,475 SF

      Prime Commercial Opportunity on Main

      One-level brick building in downtown Pittsboro with high visibility.
      119 Hillsboro St, Pittsboro, NC 27312
      View Details
    • Contact for pricing

      Prime Commercial Land Outparcel

      1.5-acre outparcel in a rapidly growing commercial corridor.
      Lowes Dr & Chapel Hl Rd, Pittsboro, NC 27312
      View Details
    • Contact for pricing
      46,440 SF

      Pittsboro Shopping Center For Sale

      46,440 SF shopping center anchored by Food Lion.
      630 East St, Pittsboro, NC 27312
      View Details
    • $350,000
      3.00 Acres

      Pittsboro Land: Build Your Dream

      3-acre lot near Chapel Hill, ready for your dream home.
      2430 Jones Ferry Rd, Pittsboro, NC 27312
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Community in Pittsboro, NC

      44-acre mixed-use community in Pittsboro, near Raleigh-Durham.
      Mosaic Blvd, Pittsboro, NC 27312
      View Details
    • Contact for pricing

      Retail Spaces in Mosaic Community

      Retail spaces available for lease in mixed-use Mosaic community.
      Mosaic Blvd, Pittsboro, NC 27312
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13 Hillsboro St
    Pittsboro, NC 27312
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13 Hillsboro St, Pittsboro, NC, 27312
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!