224 Oakdale DrHillsborough, NC 27278

For Sale
$625,000
Property records and analytics
Prime 4.62-acre commercial lot, ideal for development.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 4.62-acre commercial land parcel, located at 224 Oakdale Drive in Hillsborough, North Carolina (zip code 27278), presents a unique investment opportunity. Currently zoned R1 Orange County, this property boasts a gentle slope eastward towards Oakdale Drive and is covered in mature hardwood forest. Its central location offers easy access to major employment hubs and points of interest within the Triangle and Triad regions, including UNC Hospital, Duke University, and Research Triangle Park. The property's strategic positioning near I-40 and I-85 ensures excellent connectivity. The highest and best use is projected to be annexation and rezoning, potentially allowing for the development of townhomes or single-family residential units. Utilities are readily accessible, with Hillsborough municipal water available on the north side of Oakdale Drive and sewer access at the Old 86 intersection. The APN is 9863-86-4896. This offering presents a compelling chance to capitalize on the growing demand for residential development in a highly desirable location. The asking price for this remarkable property is $625,000.

Highlights

  • 4.62-acre wooded lot with gentle slope, ideal for development.
  • Excellent location near major employers, universities, and RTP in the Triangle/Triad region.
  • Suitable for townhome or single-family residential development.
  • Currently zoned R1 (Orange County); annexation and rezoning to Hillsborough R-10 or townhouse zoning recommended for highest and best use.
  • Hillsborough municipal water available on Oakdale Drive.
  • Sewer access at Old 86 intersection.

Property Details for 224 Oakdale Dr

Property type
Land
Lot Size (sq. ft)
201,247 SF

Location Insight

City
Hillsborough
County
Orange
State
North Carolina
Latitude
36.0501514
Longitude
-79.1064697
224 Oakdale Dr, Hillsborough, North Carolina

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FAQs

What type of property is this?
Land - Prime 4.62-acre commercial lot, ideal for development.
Where is the land located?
The property is located at 224 Oakdale Dr Hillsborough, NC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4.62-acre wooded lot with gentle slope, ideal for development.; Excellent location near major employers, universities, and RTP in the Triangle/Triad region.; Suitable for townhome or single-family residential development.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Emilee Collins
Emilee Collins
Mark O’Neal
Visit Broker Website

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Oakdale Dr
Hillsborough, NC 27278

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Hillsborough, NC 27278

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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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224 Oakdale Dr
  • Emilee Collins
    Emilee Collins
  • Mark O’Neal
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