8719 Old State Route 21 Hillsboro, MO 63050
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.
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.