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Property profile & analytics
OFF-MARKET
Commercial real estate

10616 Business 21 Hillsboro, MO 63050

1.34 ac lot
Property ID
US48-1290906
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 1.34 ac (58,370 SF)
UPID US48-1290906
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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