10616 Business 21 Hillsboro, MO 63050
This exceptional 1.34-acre commercial parcel presents a remarkable opportunity in the heart of Hillsboro, Missouri. Situated in the downtown area, this property boasts unparalleled visibility and accessibility, with 50 feet of road frontage on both Business 21 and Main Street. Its prime location offers convenient proximity to numerous county administration buildings, the courthouse, and a variety of local businesses, ensuring high foot traffic and excellent exposure. The property adheres to all city ordinances regarding ingress and egress, simplifying development plans. The land itself is largely level and currently in its natural state, providing a blank canvas for future development. A survey is available, and most survey markers are clearly indicated. While utilities are not currently connected, buyers should independently verify the precise location of public utility access points. The property's entrances from the city streets feature established sidewalks, enhancing pedestrian access and safety. This is an exceptional opportunity for entrepreneurs and investors seeking a high-potential location in a thriving business district. The property's size and location make it ideal for a wide range of commercial ventures. Don't miss this chance to secure a piece of Hillsboro's vibrant commercial landscape. The asking price is $175,000.
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
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.