114 Main Street, Hillsboro, MO 63050
- Added:
- Nov 11, 2025
- Days on Market:
- 234
- Last Refresh:
- Jul 3 at 12:06 am
Property Features for 114 Main Street
General Information
- Property type
- Land
- Property subtype
- Other
- Security features
- Security System
- Standard status
- Pending
- APN
- 17-2.0-03.0-1-002-015
- Size
- 2,772 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- MERRY & ONEILS ADD PT LOT 19
- Tax Annual Amount
- 3143
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Flat
Listing agent Dean Eshelman License #1999138631 (314) 714-7208
Listing office RE/MAX Best Choice 1510 Parkway W, St. Louis, MO (636) 931-7272
Listing date Nov 11, 2025
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick building with forced air heating (natural gas), central air cooling, and electric cooling.
- Water provided by public water; served by public sewer.
- Flat roof.
- Utilities available: water.
- Half‑acre lot with room for future expansion or a new build.
- Downtown Hillsboro location across from City Hall and about a block from the courthouse.
Overview
The property is located in downtown Hillsboro at 114 Main Street, positioned just across from City Hall and within a short distance of the courthouse. Public remarks also note high visibility and easy access, which can be helpful for businesses that want to be seen and reached quickly by local customers and visitors.
For tenants, buyers, or operators looking for a site that can support professional offices, this property offers an immediately usable base while leaving room to grow. It may fit attorney, consultant, or other service-oriented office users who want to establish in a central, government-adjacent area, with the added option to reconfigure or redevelop based on business needs.
Local Financial Insights For Office B
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 | $63.9k | $23.04 |
| − Vacancy | −$17.3k | −$6.24 |
| EGI | $46.6k | $16.80 |
| − OpEx | −$11.6k | −$4.20 |
| NOI | $34.9k | $12.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hillsboro
- County
- Jefferson
- State
- Missouri
- Longitude
- -90.561244
- Latitude
- 38.231914
