503 Abbott Ave Hillsboro, TX 76645
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.
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
Similar Nearby for Lease
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.