104 Rhoads St Hillsboro, TX 76645
This exceptional 2.37-acre commercial lot in Hillsboro, Texas, presents a unique investment opportunity. Located at 104 Rhoads St, in Hill County, zip code 76645, this level parcel is zoned for commercial use and offers unparalleled potential for a variety of businesses. The asking price is $275,000, translating to a land value of $2.66 per square foot. Its prime location provides excellent visibility and convenient access to Interstate 35, ensuring high traffic flow and easy accessibility for customers and employees. The property's size and zoning flexibility allow for the development of various commercial ventures, from retail establishments and office buildings to other suitable commercial uses. This is an ideal opportunity to capitalize on the growth of Hillsboro and establish a thriving business in a strategic location. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating the construction process. Don't miss this chance to secure a prominent commercial presence in a thriving Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.