Karen Dr Hillsboro, MO 63050
This exceptional .41-acre commercial lot presents a remarkable opportunity for development in the thriving town of Hillsboro, Missouri. Strategically located on a prominent corner lot, this property boasts unparalleled visibility from Business Highway 21, ensuring high traffic exposure for any future development. The expansive space offers significant potential for a variety of commercial ventures, including the construction of a modern office building or a multi-family residential complex. Its prime location within Hillsboro provides easy access to local amenities, businesses, and transportation routes, making it an ideal site for attracting both customers and residents. The flat, buildable land is ready for immediate development, eliminating the need for extensive site preparation. This is a rare opportunity to acquire a highly visible and versatile commercial parcel in a desirable location. The asking price of $59,900 represents exceptional value for a property with such high potential. Don't miss this chance to secure a prime piece of Hillsboro real estate and capitalize on its considerable growth prospects. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.