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1400 Old NC 10
Hillsborough, NC 27278
Asking Price
$4.50M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 12.95 acres <ul><li>±12.95 Acres Available</li><li>Additional ±13.32-acre adjacent site available</li><li>Immediate access via Exit 165 (NC-86)</li><li>Utilities stubbed to site</li><li>EDH-2 zoning with potential annexation into Hillsborough and possible HIC rezoning, subject to approval</li><li>Adjacent to Aldi and Hillsborough Chrysler Dodge Jeep Ram</li><li>Across from Hampton Pointe retail center</li><li>Near UNC Hospital Hillsborough and Durham Tech</li><li>Sale price: $4,500,000</li></ul>
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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537
