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Investment Highlights

  • Gentle topography ideal for residential development.

Executive Summary

20 plus acre property suitable for residential development and conveniently located near Oakdale Drive in Hillsborough, with gentle topography with low grading and foundation cost, access from paved public road. Property falls under county R1 zoning and is adjacent to the city of Hillsborough, see aerial photo showing adjoining subdivision and town of Hillsborough water tank. Easy access to Research Triangle Park, UNC Hospitals Hillsborough Campus, Grocery stores, Pharmacies, community resources, and downtown Hillsborough. R1 zoning = minimum lot size 40,000 square feet, front setback 40 ft, side and rear setbacks are 20 feet, see zoning report in attachments.

Property Facts

Price $600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 20.23 AC
Zoning R-1 - Residential single family, minimum lot size 40,000 square feet.

1 Lot Available

Lot

Price $600,000
Price Per AC $29,658.92
Lot Size 20.23 AC

20 plus acres located near Oakdale Drive in Hillsborough, R1 zoning with min lot size 40,000sf, gentle topography with low grading and foundation cost, access from paved public road, property is adjacent to the city of Hillsborough, see aerial photo.

Description

20 plus acre property conveniently located near Oakdale Drive in Hillsborough, gentle topography with low grading and foundation cost, access from paved public road, property falls under county R1 zoning and is adjacent to the city of Hillsborough, see aerial photo showing adjoining subdivision. Minimum lot size with R1 zoning is 40,000 square feet. Gentle topography ideal for residential development with low grading and foundation cost. Easy access to Research Triangle Park, UNC Hospitals Hillsborough Campus, Grocery stores, Pharmacies, community resources, and downtown Hillsborough.

Property Taxes

Property Taxes

Parcel Number
9863656022
Land Assessment
$279,200
Improvements Assessment
$0
Total Assessment
$279,200
  • Listing ID: 32624588

  • Date on Market: 7/30/2024

  • Last Updated:

  • Address: 2601 Myrtle Lane, Hillsborough, NC 27278

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