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    Property profile & analytics

    108-114 Main St Hillsboro, KS 67063

    • Commercial real estate
    • 15,030 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 108-114 Main St

    Year built
    1915
    Lot size
    0.32 lot acres
    Property size
    15,030 SF
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents itself in the heart of Hillsboro, Kansas, at 108-114 S Main Street. The property encompasses a substantial 15,030 square feet of space distributed across multiple buildings situated on a 0.32-acre lot. Currently undergoing various stages of remodeling, this property offers a unique chance to acquire a versatile commercial space with significant upside potential. The buildings' current state allows for customization to suit a variety of commercial uses, making it an ideal canvas for a discerning investor. The prime downtown Hillsboro location ensures high visibility and accessibility, attracting a substantial customer base. While some medical equipment may be removed, the substantial square footage and strategic location make this a compelling investment prospect. The asking price of $275,000 represents a significant value proposition for a property of this size and location, offering a strong return on investment for the right buyer. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. The property is ready for a vision to transform it into a thriving commercial hub. Don't miss this chance to own a piece of downtown Hillsboro.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Marion
    State
    Kansas
    Longitude
    -97.2044
    Latitude
    38.353

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    Hillsboro, KS 67063
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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
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