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Property profile

503 Abbott Ave Hillsboro, TX 76645

OFF-MARKET
Industrial properties
1,384 SF 0.23 ac lot
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Property summary

AI-generated overview

This exceptional 1,384 square foot industrial property, situated on a 0.23-acre lot at 503 Abbott Avenue in Hillsboro, Texas, presents a unique investment opportunity. Boasting excellent visibility due to its prime corner location at the intersection of Abbott Avenue and Dexter Street, this property offers significant potential for a variety of uses. Currently zoned Light Industrial, the property's zoning allows for diverse development options, including but not limited to office space, restaurant establishments, multi-family dwellings, or even residential conversion, subject to the fulfillment of specific conditions. The substantial lot size provides ample space for expansion or additional development, enhancing its overall appeal and versatility. The strategic location within Hillsboro ensures easy access to local amenities, transportation routes, and a thriving community. This property is an ideal choice for entrepreneurs, investors, or developers seeking a versatile and strategically located asset with significant upside potential. The asking price of $105,000 represents a compelling value proposition in the current market, making this an opportunity not to be missed. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile

Verified
Property type Industrial properties
Total area 1,384 SF
Lot 0.23 ac (10,019 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

503 Abbott Ave Hillsboro, TX 76645
Hillsboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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