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    114 Main St Hillsboro, MO 63050

    For Sale
    $437,000

    Versatile Property, Prime Location, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property at 114 Main Street, Hillsboro, MO, presents a unique opportunity for businesses seeking a prominent location. Situated on a spacious half-acre lot (0.51 acres), this property boasts unparalleled convenience, directly across from City Hall and just a block from the courthouse. Its prime location ensures high visibility and easy access for clients and employees. The building itself has recently undergone updates, including a functional kitchen area, making it immediately suitable for a variety of professional office uses. Whether you're an attorney, consultant, or other professional seeking a well-established presence in Hillsboro, this property offers the perfect blend of established infrastructure and future potential. The ample lot size allows for significant flexibility, providing options for expansion of the existing structure or the construction of a completely new building to meet your specific business needs. This is a rare opportunity to acquire a highly visible and conveniently located commercial property in a thriving community. The asking price is $437,000. Don't miss this chance to secure your business's future in a prime Hillsboro location.

    Property Features for 114 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    22,216 SF
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.56149
    Latitude
    38.23191

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Property, Prime Location, High Visibility
    Where is this commercial real estate located?
    The property is located at 114 Main St Hillsboro, MO.
    What is the asking price?
    The asking price for this property is $437,000.
    931-7272
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    114 Main St Hillsboro, MO 63050
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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
    114 Main St Hillsboro, MO 63050
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