1700 Nc 86, Hillsborough, NC 27278
This exceptional 15.3-acre industrial land parcel presents a compelling investment opportunity in Hillsborough, North Carolina. Strategically located off I-85, near Exit 165, this property boasts 2,600 feet of frontage on Highway 86 and Business 70, ensuring high visibility and convenient access. Its prime location offers significant advantages for retail and commercial development, with existing city services including water, sewer, and natural gas readily available. While most development plans will require rezoning to Entranceway Special Use, the potential for growth is undeniable. The property's proximity to major retailers like Walmart, Home Depot, and the Hampton Pointe Shopping Center (located half a mile south in the southwest quadrant of I-85) further enhances its appeal. High traffic counts support the site's viability; I-85 sees 41,000 vehicles daily, while the property itself enjoys 9,400 cars per day passing by (based on 2012 data). The asking price is $2,200,000, translating to $4 per square foot of land value. This represents a rare chance to acquire a significant tract of land in a thriving area with excellent development potential. The address is 1700 NC 86 South, Hillsborough, NC 27278, in Orange County.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.