2700 Old N

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2700 Old N

Hillsborough, NC 27278
Asking Price
$1.30M
Asset Type
Land
Class
Class B

What's Special

2700 Old NC Highway 86 is situated in Hillsborough, North Carolina, within Orange County. The property is located in a transitional area characterized by a mix of light industrial operations, residential pockets, and agricultural land. It offers proximity to the historic downtown Hillsborough district and essential local amenities. The site benefits from direct access to Old NC Highway 86 and is positioned near the interchange of Interstate 85 and Interstate 40, facilitating regional connectivity to the Research Triangle Park, Durham, and Chapel Hill. The property is suited for commercial or light industrial development, depending on local zoning compliance and infrastructure availability. Ideal use cases include equipment storage, small-scale distribution, or specialized trade services. The typical tenant profile includes logistics providers, construction firms, or regional service companies requiring outdoor storage and efficient highway access. Its strategic location between major North Carolina metropolitan hubs makes it a viable option for businesses serving the central Piedmont region.

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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712

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