Property Summary

Stats

  • Sale price $1,800,000
  • Lot size 12.27 acres
  • Price/acre $146,699
  • PIN 9873-02-9910
  • County Orange
  • Zoning EDH-2

Overview

Avison Young is pleased to present a excellent investment opportunity, Old NC Highway 86 Commercial Tract, Hillsborough, North Carolina 27278 (the “Property”). This ±12.27-acre site offers exceptional potential for hotel development within one of the region’s most dynamic growth corridors.

Strategically positioned at the intersection of Old NC Highway 86 and I-40, the Property benefits from outstanding regional accessibility. It is directly adjacent to the UNC Healthcare Hillsborough Campus, creating a strong and consistent demand base from patients, visitors, and healthcare professionals. The surrounding area has experienced significant residential and commercial expansion in recent years, further enhancing the site’s appeal for hospitality and mixed-use development.

Zoned EDH-2 (Economic Development Hillsborough District 2), the Property supports a wide range of commercial uses, with a particular emphasis on hospitality. The gently rolling topography and natural drainage characteristics make the site well-suited for development. Sewer service is currently available onsite, while water, electricity, and telephone utilities are readily accessible nearby.

With proximity to Chapel Hill, Durham, and Research Triangle Park, this location offers a compelling opportunity for investors and developers seeking to capitalize on the region’s sustained growth and strategic infrastructure.

Highlights

Excellent investment opportunity

Gently rolling topography with adequate drainage

Water, electricity and telephone service available nearby

Sewer is currently on-site
Considerable growth of surrounding area in recent years

Located on Old NC Highway 86 at I-40

Adjacent to UNC Healthcare Hillsborough Campus

Location Map

Downloads

Offering Memorandum

Team

Bill Aucoin

Bill Aucoin

Vice President, Sales & Leasing
Avison Young - US - NC - Raleigh
Jack Graham

Jack Graham

Principal, Sales & Leasing
Avison Young - US - NC - Raleigh

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