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    503 Abbott Ave Hillsboro, TX 76645

    For Sale
    $105,000

    Prime Industrial Lot, High Visibility, Multiple Uses

    Property size:
    1,384 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 1,384 square foot industrial property, situated on a 0.23-acre lot at 503 Abbott Avenue in Hillsboro, Texas, presents a unique investment opportunity. Boasting excellent visibility due to its prime corner location at the intersection of Abbott Avenue and Dexter Street, this property offers significant potential for a variety of uses. Currently zoned Light Industrial, the property's zoning allows for diverse development options, including but not limited to office space, restaurant establishments, multi-family dwellings, or even residential conversion, subject to the fulfillment of specific conditions. The substantial lot size provides ample space for expansion or additional development, enhancing its overall appeal and versatility. The strategic location within Hillsboro ensures easy access to local amenities, transportation routes, and a thriving community. This property is an ideal choice for entrepreneurs, investors, or developers seeking a versatile and strategically located asset with significant upside potential. The asking price of $105,000 represents a compelling value proposition in the current market, making this an opportunity not to be missed. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 503 Abbott Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    1,384 SF
    Lot Size
    10,019 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Hill
    State
    Texas
    Longitude
    -97.13271
    Latitude
    32.00019

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    FAQs

    What type of property is this?
    Industrial property - Prime Industrial Lot, High Visibility, Multiple Uses
    Where is this industrial property located?
    The property is located at 503 Abbott Ave Hillsboro, TX.
    What is the asking price?
    The asking price for this property is $105,000.
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    503 Abbott Ave Hillsboro, TX 76645
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    Hillsboro, TX 76645
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    503 Abbott Ave Hillsboro, TX 76645
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