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Property profile & analytics
OFF-MARKET Estimated value $630,000
Industrial properties

165 Mayo St Hillsborough, NC 27278-2573

5,200 SF 0.88 ac lot Built 1973
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US53-2390351
Property summary
AI-generated overview

This exceptional 5,200-square-foot single-tenant commercial building presents a unique opportunity in Hillsborough, North Carolina. Situated on a 0.88-acre lot in Orange County, this high-intensity commercial zoned property (APN 9864808968) boasts ample parking, making it highly accessible and convenient for employees and clients. The building features two spacious interior workspaces perfect for staging, assembly, or storage, complemented by a dedicated storage garage. Three roll-up doors provide easy access for loading and unloading, while two well-appointed office spaces and a large lobby offer a professional and functional environment. The 14-foot ceiling height maximizes space and versatility. Its strategic location near the intersection of I-85 and I-40 offers unparalleled connectivity to Downtown Durham, Chapel Hill, and Mebane, making it an ideal location for a variety of businesses. This versatile space is well-suited for contractors, order fulfillment centers, research facilities, maintenance operations, or sales businesses. The entire 5,200 square feet is currently vacant, providing immediate occupancy for the new owner. This is a rare opportunity to acquire a well-located, functional, and spacious commercial property in a thriving area.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1973
Total area 5,200 SF
Lot 0.88 ac (38,333 SF)
Zoning code HI
APN 9864-80-8968
UPID US53-2390351
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$664k
Blend (final) Blend
$630k
Owner & transaction history
Larry W Sloan JR.
Larry W Sloan JR.
1 recorded transaction
1969
Price N/A
Zoning & alternative use
HI · Hillsborough, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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