1001 Corporate Dr Hillsborough, NC 27278
- Commercial real estate
- 3,212 SF
- 11.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1001 Corporate Dr
- Year built
- 1922
- Lot size
- 11.10 lot acres
- Property size
- 3,212 SF
- Property type
- Commercial real estate
- APN
- 9874612327
Description
This exceptional 11.1-acre commercial land parcel, located at 1001 Corporate Drive in Hillsborough, North Carolina (27278), presents a unique investment opportunity. The property, identified by APN 9874612327, is zoned OI (Office Institutional) and boasts nearly 1500 feet of road frontage. Situated within the Hillsborough Meadowlands Business Park, this site offers convenient access to I-85, placing it within a short drive of Historic Hillsborough's amenities and approximately 12 minutes from Durham and Chapel Hill. The property includes a 3,212 square foot, two-story brick farmhouse built in 1922, previously used as office space. The surrounding area features a diverse mix of businesses, including offices, daycare facilities, a retirement center, emergency management services, flex spaces, distribution centers, the Orange County Sportsplex, and the Passmore Senior Citizens Center. The site's strategic location also benefits from its proximity to the Eno Haven Senior affordable housing apartments and major retailers such as Walmart and Home Depot, located just half a mile away. Potential uses for this versatile property include adult/child daycare, extended care facilities, healthcare services, funeral homes, hotels, schools, and office spaces. The asking price for this significant land tract is $3,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hillsborough
- County
- Orange
- State
- North Carolina
- Longitude
- -79.0800843
- Latitude
- 36.0625926
