Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Outlet Dr Hillsboro, TX 76645

    For Sale
    $1,219,680

    Prime 7-acre tract, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 7-acre commercial property presents a unique investment opportunity in a highly sought-after area of Hillsboro, Texas. Situated at the end of a quiet cul-de-sac on Outlet Drive, this land boasts unparalleled visibility and accessibility. Its strategic location is surrounded by established businesses, including hotels, restaurants, a Starbucks, and the expanding Hill College campus, ensuring high traffic and a strong customer base. The property's proximity to Interstate 35 provides effortless access to both northbound and southbound traffic via convenient on and off ramps, maximizing exposure and attracting a diverse clientele. City water and sewer services are readily available, simplifying the development process and reducing infrastructure costs. This expansive parcel offers significant potential for a wide range of commercial ventures, from retail establishments and restaurants to office spaces and light industrial uses. The thriving community and strategic location make this a truly exceptional opportunity for investors and developers seeking a prime location for their next project. The property's size and location make it an ideal candidate for a variety of commercial developments, capitalizing on the area's growth and high visibility. Don't miss this chance to secure a piece of Hillsboro's burgeoning commercial landscape.

    Property Features for Outlet Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    304,920 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hillsboro
    County
    Hill
    State
    Texas
    Longitude
    -97.09119
    Latitude
    32.01082

    Nearby Similar for Sale

    • $950,000
      9,400 SF

      Established Gym in Downtown Hillsboro

      Income-producing gym with 500+ members and strong community ties.
      110 E Franklin St, Hillsboro, TX 76645
      View Details
    • $349,900
      0.27 Acres

      Historic Building Ready for Build-Out

      Historic brick building in downtown Hillsboro ready for build-out.
      125 S Waco St, Hillsboro, TX 76645
      View Details
    • $400,000
      0.14 Acres

      Downtown Hillsboro Mixed-Use Building

      Unique mixed-use building in downtown Hillsboro with live-work potential.
      207 E Elm St, Hillsboro, TX 76645
      View Details
    • $134,000
      0.07 Acres

      Downtown Hillsboro Commercial Property

      Prime commercial building in downtown Hillsboro, suitable for various businesses.
      231 E Elm St, Hillsboro, TX 76645
      View Details
    • $225,000
      0.16 Acres

      Remodeled Duplex in Downtown Hillsboro

      Fully remodeled duplex in revitalizing downtown Hillsboro, perfect for investment.
      209 N Abbott St, Hillsboro, TX 76645
      View Details
    • $1,395,000
      15,250 SF

      Hillsboro Oaks Apartments For Sale

      20-unit apartment complex in downtown Hillsboro, TX, renovated in 2021.
      208 N Church St, Hillsboro, TX 76645
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 7-acre tract, ideal for development.
    Where is this commercial real estate located?
    The property is located at Outlet Dr Hillsboro, TX.
    What is the asking price?
    The asking price for this property is $1,219,680.
    Request Owner's contact information
    Outlet Dr Hillsboro, TX 76645
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Outlet Dr
    Hillsboro, TX 76645
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Outlet Dr Hillsboro, TX 76645
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.