5211 Hillsborough St
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5211 Hillsborough St
4,904 SF Retail Building Raleigh, NC 27606 $1,500,000 ($306/SF)
Investment Highlights
- Conveniently located near major highways like I-440 and I-40.
- Property provides excellent connectivity throughout the region.
Executive Summary
A rare ownership opportunity is now available in Raleigh’s Westover neighborhood, featuring a standalone flex/retail building on prominent Hillsborough St. With ±4,904 RSF, this property offers on-site parking and prime visibility. Positioned directly across from the North Carolina State Fair Grounds and within close proximity to Lenovo Center and Carter-Finley Stadium, the location benefits from high traffic and excellent accessibility.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,904 SF
Building Class
C
Year Built
1950
Price
$1,500,000
Price Per SF
$306
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.41 AC
Zoning
IX-3 - Mixed Use
Parking
24 Spaces (4.89 Spaces per 1,000 SF Leased)
Frontage
77 FT on Hillsborough St
Amenities
- Bus Line
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0784.14-42-8917-000 | Improvements Assessment | $269,081 |
| Land Assessment | $321,480 | Total Assessment | $590,561 |
PROPERTY TAXES
Parcel Number
0784.14-42-8917-000
Land Assessment
$321,480
Improvements Assessment
$269,081
Total Assessment
$590,561
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5211 Hillsborough St
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