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Property profile & analytics
OFF-MARKET Estimated value $750,000
Retail space

10640 Business 21 Hillsboro, MO 63050-5039

12,200 SF 1.51 ac lot Built 2006
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US48-0474591
Property summary
AI-generated overview

This exceptional 3,840 square foot executive office space, located at 10640 Business 21 in Hillsboro, Missouri, presents a unique leasing opportunity. Situated in Jefferson County, this property offers a versatile layout ideal for a variety of businesses. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property is classified as both retail and office, offering flexibility in its potential uses. The "Hillsboro Plaza" building is a multi-tenant property, meaning it's suitable for businesses requiring multiple suites or a larger, single-occupancy space. With a total of 3,840 square feet, this property provides ample room for growth and expansion. The convenient location in Hillsboro, Missouri, zip code 63050, offers easy access to major transportation routes and local amenities. This is a rare opportunity to secure a substantial, fully vacant commercial space in a desirable location. The property is available for lease and offers a chance to establish a strong presence in a thriving community. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property's classification as a strip center suggests convenient access and high visibility.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Total area 12,200 SF
Lot 1.51 ac (65,776 SF)
Zoning code CT1
APN 17-2.0-03.0-1-002-051.
UPID US48-0474591
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
Current use
Occupant on record · Public records
  • True Care Medical Ctr Pediatrician Physician
  • Melissa Tate Counselor Social Worker
  • Andrea Partney Foster Care Service Social Service Agency
  • Dr. Sudhirkumar Shah Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$750k
Owner & transaction history
Shree Enterprises LLC · 3 yrs held
Shree Enterprises LLC
since 2023
6 recorded transactions
2025
Price N/A
2024
Price N/A
2023
Price N/A
2018
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
CT1 · Hillsboro, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.2M +6.3%
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