21 Old Rte Hillsboro, MO 63050
- Commercial real estate
- 7.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 21 Old Rte
- Lot size
- 7.13 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.13-acre commercial property presents a remarkable investment opportunity in Hillsboro, Missouri. Strategically located at the intersection of New Highway 21 and Old Route 21, this parcel boasts significant road frontage: approximately 194 feet along Old Route 21 and an impressive 1,400 feet along New Highway 21. This prime location ensures high visibility and accessibility, making it ideal for a wide range of commercial ventures. The expansive acreage allows for considerable development flexibility. Potential uses include, but are not limited to, a gas station, convenience store, strip mall, medical or professional office building, or self-storage facility. The property's size and location offer substantial potential for significant return on investment. The high traffic count on both roadways guarantees substantial exposure for any business established here. This is a rare opportunity to acquire a large, well-situated commercial lot in a growing area. Serious inquiries are encouraged to explore the full potential of this exceptional property. The asking price is $80,000. A site visit is highly recommended to fully appreciate the property's potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hillsboro
- County
- Jefferson
- State
- Missouri
- Longitude
- -90.5301
- Latitude
- 38.2922
