Waterstone South Medical Outparcels
Medical Use Property for Sale | Immediately Adjacent to UNC Hospitals Hillsborough Campus
Marketing description
The Waterstone South Medical Office Outparcels represent a rare opportunity in Hillsborough’s rapidly expanding healthcare corridor. Totaling 11.42 acres across two parcels, the sites sit directly adjacent to the UNC Hospitals Hillsborough Campus, offering unmatched proximity for healthcare-related development.
With medical services representing the largest employment sector in Hillsborough and Durham Technical Community College located just across the street, the properties are positioned at the center of an established and growing healthcare ecosystem.
Investment highlights
Two parcels totaling 11.42 acres: 9.61 acres (PIN 9873423183) + 1.81 acres (PIN: 9873520371)
Zoning: Planned Development - Conditional Zoning
Jurisdiction: Town of Hillsborough
UNC Adjacency Advantage: Directly borders UNC Hospitals Hillsborough Campus. Ideal for outpatient facilities, specialty practices, or provider overflow. Potential alignment with UNC Health’s long-term growth strategy
Traffic Count: 65,500 VPD (I-40); 10,500 VPD (NC-86)
Surrounding Anchors: Durham Technical Community College and other healthcare-related uses reinforcing Hillsborough’s largest employment sector
COMBINED OFFERING (11.42 acres): $5,120,000
PARCEL 1 (9.61 acres): $3,370,000 ($350,000/acre)
PARCEL 2 (1.81 acres): $1,750,000 ($966,850/acre)
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