501 Cornelius StHillsborough, NC 27278

Property Details for 501 Cornelius St

Lot size

0.43 AC

Zone code

HI

Property type

Commercial real estate

APN

9865-70-5751

APU

9865705751

Description

This exceptional 0.43-acre commercial lot presents a remarkable investment opportunity in the thriving town of Hillsborough, North Carolina. Strategically located on the corner of Hills Street and Cornelius Street (US Highway 70), this property boasts excellent visibility and high traffic counts, ensuring maximum exposure for any business. Zoned for General Commercial use, the possibilities are vast, allowing for a wide range of commercial ventures. While specific business uses require approval from the city of Hillsborough, the property's prime location and zoning make it an attractive prospect for various commercial developments. The lot offers significant frontage on Cornelius Street/US Highway 70, providing ample space for signage and convenient access. Its proximity to downtown Hillsborough further enhances its appeal, placing it within easy reach of local amenities and a growing customer base. This is a rare chance to acquire a highly desirable commercial property in a rapidly expanding area. Assistance with feasibility studies can be provided upon request. The asking price is $175,000. Don't miss this opportunity to establish your business in a vibrant and growing community.

• Alternative Use

  Use

  Valuation

  Residential

  $3,204,724

  Hospitality

  $2,935,510

  Educational

  $2,442,310

  Medical

  $2,526,304

  Retail

  $3,799,148

Location Insight

City

Hillsborough

County

Orange

State

North Carolina

Latitude

36.0874

Longitude

-79.1094

CBSA code

20500

CBSA name

DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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