1700 Nc 86 Hillsborough, NC 27278

Property Details for 1700 Nc 86

Lot size

15.30 lot acres

Property type

Land

Property subtype

Industrial properties

Description

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.

Location Insight

City

Hillsborough

County

Orange

State

North Carolina

Longitude

-79.0871

Latitude

36.0887