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2201 Moorefields Rd Hillsborough, NC 27278

Land Google Maps
3.5 ac lot
Individually Owned 3-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US53-2327380

Property summary

AI-generated overview

This exceptional 3.5-acre commercial land parcel presents a unique investment opportunity in Hillsborough, North Carolina. Located at 2201 Moorefields Road, this property boasts a tranquil setting across from the historic Moorefields, a 70-acre protected area adjacent to the expansive 366-acre Upper Eno Nature Preserve, encompassing the Seven Mile Creek Natural Area. While offering a private and secluded atmosphere, the land enjoys convenient access to both Hillsborough and the major transportation arteries of I-40/85. The lot itself is characterized by mature hardwood trees and features irregular dimensions, totaling approximately 152,460 square feet (per tax records). Utilities are readily accessible, although the property requires a septic system and a well for water. Electricity is available on-site. High-speed broadband internet access is also available, thanks to the American Rescue Plan Act. This property is perfect for a variety of commercial ventures or for those seeking to create a unique and private country estate. The asking price for this remarkable opportunity is $350,000. The property is situated in Orange County, North Carolina, with a zip code of 27278. This is a rare chance to acquire a substantial land parcel in a desirable location with significant potential.

Property profile

Verified
Property type Land
Lot 3.5 ac (152,460 SF)
UPID US53-2327380

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization
  • Park

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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