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    Property profile & analytics
    OFF-MARKET Estimated value $1,980,000
    Office buildings

    1000 Corporate Dr, Hillsborough, NC 27278-8535

    11,613 SF 1.44 ac lot Built 1998
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-2384623
    Property summary
    AI-generated overview

    This exceptional 1,140 square foot executive office suite is situated within a 6,290 square foot professional building at 1000 Corporate Drive, Hillsborough, NC 27278. The suite is immediately available and boasts a desirable location, offering easy access to major transportation arteries including I-85/I-40 and US 70, ensuring convenient commutes for employees and clients. The property is zoned for high-intensity commercial use (APN: 9874616773), reflecting its suitability for a variety of professional businesses. Within the suite, you'll find a well-designed layout incorporating a spacious reception area, a fully equipped kitchenette, and a dedicated conference room, ideal for meetings and client presentations. Ample parking is provided for tenants and visitors. The building itself is part of a well-maintained complex, reflecting a professional and welcoming environment. This prime location offers quick access to downtown Hillsborough, combining the benefits of a suburban setting with the convenience of a nearby urban center. The property is located in Orange County, North Carolina. This is a multi-tenant building with a total of 6,290 square feet. This is an excellent opportunity for a business seeking a modern, functional, and conveniently located office space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1998
    Total area 11,613 SF
    Lot 1.44 ac (62,726 SF)
    Zoning code HI
    APN 9874-61-6773
    UPID US53-2384623
    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
    Current use
    Occupant on record · Public records
    • Rick Ashby - State Farm Insurance Agent Insurance Agency
    • Holistic Health & Medicine Physician Alternative Medicine Practice
    • Dr. Marcia Morgenlander Pediatrician Medical Clinic
    • Joyful Journey Counseling & Consulting, PLLC. Psychotherapist
    • Jeanne Amerine Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.22M
    Blend (final) Blend
    $1.98M
    Owner & transaction history
    1000 Corp Drive LLC · 9 yrs held
    1000 Corp Drive LLC
    since 2016
    4 recorded transactions
    2022
    2017
    2016
    1969
    Zoning & alternative use
    HI · Hillsborough, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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