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    Property profile & analytics

    114 Main St Hillsboro, KS 67063-1139

    • Retail space
    • 1,200 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-0662202
    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.

    Current Use by Public Records

    • Becky Walsh - State Farm Insurance Agent / Life Insurance Agency / Renter'S Insurance Agency

    Property Details for 114 Main St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    1,200 SF
    Property type
    Retail space
    APN
    138-34-0-30-08-009.00-0
    APU
    1383403008009000

    Description

    This 3,750 square foot building presents a unique opportunity for investors and developers seeking a project in the heart of Hillsboro, Kansas. Situated on a 0.09-acre lot at 114 S Main Street, this property offers significant potential for redevelopment. The building is currently in need of substantial rehabilitation, providing a blank canvas for a buyer to create their ideal space. The downtown Hillsboro location offers high visibility and accessibility, making it an attractive site for a variety of commercial uses. The existing structure provides a solid foundation for a complete renovation, allowing for customization to suit a wide range of business needs. This is a rare chance to acquire a property in a desirable location at an attractive price point. The 0.09-acre lot offers ample space for potential expansion or outdoor amenities. With some vision and investment, this property can be transformed into a thriving commercial asset. The substantial square footage allows for multiple uses, from retail to office space, or even a mixed-use development. This is an exceptional opportunity to capitalize on the potential of a prime downtown location in Hillsboro, Kansas. The price of $45,000 reflects the need for renovation, presenting a significant value proposition for the right buyer.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Marion
    State
    Kansas
    Longitude
    -97.2043
    Latitude
    38.3539

    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
    2022
    $1,566
    $1,200
    $6,995
    $8,195
    -
    $4,800
    $27,980
    $32,780

    Comparable in this City

    • Value Estimation by Request
      888 SF

      110 12th N Main St, Unit 2

      RETAIL STORES (PERSONAL SERVICES) • 888 SF
      110 12th N Main St, Hillsboro, KS 67063-1179
      View Details
    • Value Estimation by Request
      1,250 SF

      122 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,250 SF
      122 Grand Ave, Hillsboro, KS 67063-1346
      View Details
    • Value Estimation by Request
      2,530 SF

      129 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,530 SF
      129 Main St, Hillsboro, KS 67063-1138
      View Details
    • Value Estimation by Request
      1,558 SF

      107 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,558 SF
      107 Main St, Hillsboro, KS 67063-1138
      View Details
    • Value Estimation
      $360,000
      1,800 SF

      323 Ash St

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      323 Ash St, Hillsboro, KS 67063-1164
      View Details
    • Value Estimation
      $375,000
      11,009 SF

      135 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,009 SF
      135 Main St, Hillsboro, KS 67063-1138
      View Details

    Similar Nearby for Sale

    • $350,000
      2,808 SF

      Retail Building Near Tabor College

      2,808 SF retail building near Tabor College for sale.
      812 E D St, Hillsboro, KS 67063
      View Details
    • $275,000
      8,000 SF

      Hillsboro Retail Investment Opportunity

      8,000 SF Convenience Store, $275K
      609 Western Heights Cir, Hillsboro, KS 67063
      View Details
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    Hillsboro, KS 67063-1139
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    Realmo Value Estimation

    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.

    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.

    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
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