5211 Hillsborough St
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5211 Hillsborough St
4,904 SF Retail Building Raleigh, NC 27606 £1,192,938 (£243/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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,904 SF
Building Class
C
Year Built
1950
Price
£1,192,938
Price Per SF
£243
Tenancy
Single
Number of Floors
1
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 Route
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0784.14-42-8917-000 | Improvements Assessment | £213,998 (2024) |
| Land Assessment | £255,670 (2024) | Total Assessment | £469,668 (2024) |
PROPERTY TAXES
Parcel Number
0784.14-42-8917-000
Land Assessment
£255,670 (2024)
Improvements Assessment
£213,998 (2024)
Total Assessment
£469,668 (2024)
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5211 Hillsborough St
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