Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1 Leon Hall Pkwy Hillsboro, MO 63050-3418
    Property profile & analytics

    1 Leon Hall Pkwy, Hillsboro, MO 63050-3418

    View on Map
    • Retail space
    • 2,316 SF
    • 0.51 lot acres
    Off-Market
    Last Sale Nov 18, 2022
    Property ID
    US48-0102311
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hillsboro Tan Co / Tanning Salon
    • Prime Properties Real Estate Jefferson County, Festus, Hillsboro, Arnold, Pevely, St. Louis / Loan Service / Bank

    Property Details for 1 Leon Hall Pkwy

    Year built
    1960
    Lot size
    0.51 lot acres
    Zone code
    CT1
    Property type
    Retail space
    APN
    12-8.0-34.0-0-000-050.
    APU
    12803400000050

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 2, 2026 — Knuckles Family Properties LLC — Deed · related $889k · Southern Bank
    Sep 16, 2024 — Knuckles Family Properties LLC Anthony D Burgio Revocable Trust Warranty Deed $350k · The Carles R Rocj Revocable Living Trust
    Nov 18, 2022 — Anthony D Burgio Anthony Burgio Intrafamily Transfer · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.5621
    Latitude
    38.2383
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,593
    $21,300
    $18,400
    $39,700
    -
    $66,600
    $57,400
    $124,000

    Comparable in this City

    • Value Estimation
      $750,000
      12,200 SF

      10640 Business 21

      RETAIL STORES (PERSONAL SERVICES)
      10640 Business 21, Hillsboro, MO 63050-5039
      View Details
    • Value Estimation by Request
      0.29 Acres

      10649 Business 21

      RETAIL STORES (PERSONAL SERVICES)
      10649 Business 21, Hillsboro, MO 63050-5094
      View Details
    • Value Estimation
      $1,805,000
      12,874 SF

      901 Peach Tree Plz Dr

      RETAIL STORES (PERSONAL SERVICES)
      901 Peach Tree Plz Dr, Hillsboro, MO 63050-5041
      View Details
    • Value Estimation by Request
      2,049 SF

      10575 Business 21

      RETAIL STORES (PERSONAL SERVICES)
      10575 Business 21, Hillsboro, MO 63050-5904
      View Details
    • Value Estimation by Request
      2,700 SF

      8745 Old State Rte 21

      RETAIL STORES (PERSONAL SERVICES)
      8745 Old State Rte 21, Hillsboro, MO 63050-2029
      View Details
    • Value Estimation by Request
      3,200 SF

      10810 Business 21

      RETAIL STORES (PERSONAL SERVICES)
      10810 Business 21, Hillsboro, MO 63050-5208
      View Details

    Similar Nearby for Sale

    • $299,000
      Pending

      Hillsboro Retail with Highway Frontage

      Retail property in Hillsboro with highway frontage and recent updates.
      10550 Business 21, Hillsboro, MO 63050
      View Details
    • $437,000
      2,772 SF

      Prime Hillsboro Office Building

      Historic Charm, Modern Updates, High Visibility
      114 Main St, Hillsboro, MO 63050
      View Details
    • Contact for pricing
      2,772 SF

      Commercial Property Near City Hall

      Updated commercial property with large lot near government buildings.
      114 Main St, Hillsboro, MO 63050
      View Details
    • $450,000
      6,090 SF

      Hillsboro Mixed-Use Redevelopment Opportunity

      Versatile 6-acre property with highway frontage and redevelopment potential.
      9637 Old State Route 21, Hillsboro, MO 63050
      View Details
    • Contact for pricing
      9,641 SF

      Hillsboro Retail Property for Sale

      9,641 SF retail property available in Hillsboro, Missouri.
      10333 Business 21, Hillsboro, MO 63050
      View Details
    • $350,000
      0.98 Acres

      Commercial Land on Corner Lot

      Corner lot with high visibility near highways in Hillsboro, MO.
      10865 Business 21, Hillsboro, MO 63050
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail Space in Hillsboro Center

      Retail space available in grocery-anchored Hillsboro shopping center.
      10716-10738 21 Business Rd, Hillsboro, MO 63050
      View Details
    • $156 SF/Yr
      2,772 SF

      Hillsboro Office Building For Lease

      Prime location, 2 suites, 2772 sq ft.
      114 Main St, Hillsboro, MO 63050
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Leon Hall Pkwy
    Hillsboro, MO 63050-3418
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 Leon Hall Pkwy, Hillsboro, MO, 63050
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!