378 Churton StHillsborough, NC 27278
- Land
- 5.00 AC
Property Details for 378 Churton St
- Lot size
- 5.00 AC
- Property type
- Land
Description
This exceptional 5-acre commercial land parcel in Hillsborough, North Carolina, presents a unique dual or triple-use development opportunity. Located at 378 S Churton St, the property boasts fantastic exposure to I-85 and S. Churton Street, offering significant visibility for any commercial venture. The site is zoned HIC, and utilities including city water/sewer, power, and natural gas are readily available. The property is divided into two distinct sections. The smaller eastern portion currently houses a functioning Mexican restaurant, providing immediate income potential. The larger, elevated western portion, previously occupied by a steakhouse and a ten-plex apartment building (both demolished), offers substantial space for new construction. This prime location benefits from the proximity to a new master-planned community under construction less than a mile away, projected to include 950 dwellings, ensuring a strong and growing customer base. The property's APN is 9864807203. With its strategic location, existing infrastructure, and subdivision potential, this 5-acre lot represents a compelling investment opportunity for developers seeking high-impact commercial projects in a thriving North Carolina market. The asking price is $3,750,000.
Location Insight
- City
- Hillsborough
- County
- Orange
- State
- North Carolina
- Latitude
- 36.0584
- Longitude
- -79.1049
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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