Historic Hillsborough in North Carolina
“Putting History Behind Your Future”
Strategically located parcel of approximately 138 acres FOR SALE!!
$3,500,000
This unique acreage is located adjacent to the Historic District in downtown Hillsborough (Orange County) with southern frontage on I85. A rail line runs along the eastern boundary. The Town of Hillsborough recently purchased 20 acres on the north and the Daniel Boone Village complex is on the west. An Amtrak and commuter rail station is proposed by the Town of Hillsborough for the 20-acre site.
Greater residential density is being considered for the Collins Tract (138ac) in support of a rail station. The need to attract people to a more densely designed environment also creates a mixed-use development opportunity. Additionally, a recent request by the North Carolina DOT for $6 billion in federal recovery money to link Charlotte, NC and Washington, D.C., with a high-speed rail service running through Research Triangle Park, NC would support the proposed rail station.
Waterstone, located at the I40 access in Hillsborough, is the new home to Durham Technical Community College "satellite campus" and future UNC Hospital's “Medical Campus”. Both I40 and I85 merge on the west side of Hillsborough. Universities at Duke, UNC Chapel Hill, and NC State; as well as, their hospital facilities are very convenient to Hillsborough.
With access to major traffic corridors, water/sewer nearby, and appropriate zoning this parcel is a RARE OPPORTUNITY FOR DEVELOPMENT. Whether proposing commercial, retail, shopping center, recreational center, multifamily, senior living, single family or some combination, this parcel could become an outstanding venture and asset.
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