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    Hillsboro Retail Property for Sale Title is generated by Realmo AI

    10333 Business 21, Hillsboro, MO

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    9,641 SF retail property available in Hillsboro, Missouri.

    Type:RETAIL
    Property size:
    9,641 SF
    Lot size:
    4.33 Acres
    Price / SF:
    $228/SF
    Added:
    Mar 11, 2025
    Days on Market:
    461
    Last Refresh:
    May 20 at 9:23 pm

    Property Features for 10333 Business 21

    General Information

    Standard status
    Active
    Size
    9,641 SF
    Lot size
    4.33 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Brandon Mcgeehan

    Listing agent Brandon Mcgeehan License #KS 00244426

    Listing office Reece Commercial Real Estate | Leawood

    Listing date Mar 11, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Reece Commercial Real Estate | Leawood

    HighLights

    • 9,641 SF retail property
    • Located in Hillsboro, Missouri

    Overview

    This retail property, located in Hillsboro, Missouri, offers 9,641 square feet of space. It is suitable for retail and other retail purposes.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $232.5k $24.12
    − Vacancy −$12.6k −$1.30
    EGI $220.0k $22.82
    − OpEx −$66.0k −$6.85
    NOI $154.0k $15.97
    9,641 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.20M
    $1.92M – $2.57M (±1% cap)
    NOI $153,989 @ 7.0% cap · market cap 7.00%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $28.63M
    $25.05M – $33.40M (±1% cap)
    NOI $2,004,298 @ 7.0% cap · market cap 91.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Law Firm Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.5606
    Latitude
    38.2431

    FAQs

    What type of property is this?
    Retail property - 9,641 SF retail property available in Hillsboro, Missouri.
    Where is this retail property located?
    The property is located at 10333 Business 21 Hillsboro, MO.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 9,641 SF retail property; Located in Hillsboro, Missouri
    (314) 397-9066 Call to check price and availability
    More about this property
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