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Property profile & analytics
OFF-MARKET
Commercial real estate

8719 Old State Route 21 Hillsboro, MO 63050

43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire 43 +/- acres of prime land in Hillsboro, Missouri. Strategically located on Old State Route 21, this expansive parcel boasts approximately 300 feet of road frontage, ensuring exceptional visibility for any commercial venture. The property's location offers significant advantages, with prominent visibility from both Old Highway 21 and the newer Highway 21, guaranteeing high traffic exposure and excellent brand recognition potential. The land is zoned CC2, allowing for a diverse range of commercial and retail uses, providing flexibility for a variety of development plans. This offering includes three contiguous parcels, totaling the 43 +/- acres, providing a cohesive and sizable development footprint. The expansive acreage offers ample space for large-scale projects, allowing for significant development potential and future expansion. This is an ideal location for businesses seeking high visibility and accessibility in a growing area. The property's size and zoning make it suitable for a wide array of commercial uses, from retail centers and restaurants to office buildings and light industrial facilities. This is a unique opportunity to secure a substantial commercial land holding in a desirable location with excellent growth prospects. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 43 ac (1,873,080 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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