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Property profile & analytics
FOR SALE
Office Spaces
114 Main St, Hillsboro, MO 63050
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US48-1205760
For Sale
1 / 40
$426,900
114 Main St, Hillsboro, MO 63050
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Property summary
AI-generated overview
This exceptional commercial property, located at 114 Main St, Hillsboro, MO 63050, offers 2,772 square feet of traditional office space in a single-story building. Situated on a substantial 22,216-acre lot, this Class B building boasts a prime location directly across from City Hall and just one block from the courthouse. Built in 1920 and renovated in 2014, the property features a spacious reception area, six private offices, a conference room, two bathrooms, a kitchenette, and ample storage. The property is zoned for commercial use and has a Jefferson County APN of 17-2.0-03.0-1-002-015. The building is comprised of two suites available for multiple tenancy. Taxes are $3,201 per square foot. The property is easily accessible via Business 21. A minimum three-year lease is required. This is an ideal location for professional office use. The property's address is 114 Main St, Hillsboro, MO 63050.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1965
Total area
2,772 SF
Lot
0.51 ac (22,216 SF)
Zoning code
CT1
APN
17-2.0-03.0-1-002-015.
UPID
US48-1205760
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Stanley D Schnaare · 2 yrs held
Stanley D Schnaare
since 2024
3 recorded transactions
Zoning & alternative use
CT1 · Hillsboro, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hillsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hillsboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,201
Tax year 2023
Assessed value
$49,000
Assessed 2024
Previous assessed
$49,000
+0.0% YoY
Effective rate
6.53%
On assessed value
Assessed land
$21,300
Assessed improvement
$27,700
Land market value
$66,600
Improvement market value
$86,500
Total market value
$153,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1965
Heating
YES
Bathrooms
1
Total area
2,772 SF
Lot
0.51 ac (22,216 SF)
Zoning code
CT1
APN
17-2.0-03.0-1-002-015.
UPID
US48-1205760
Jurisdiction
JEFFERSON
Zoning & alternative use
CT1 · Hillsboro, MO
Zoning CT1 · permitted uses
CT1 · Hillsboro, MO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hillsboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
YES
Bathrooms
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Stanley D Schnaare
Individual
Free & Clear · 2 yrs held
Mailing address
5561 SPG DR, HILLSBORO, MO 63050-3422
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2024
—
Stanley D Schnaare
Stanley D Schnaare
Intrafamily Transfer
related
—
—
—
Stanley D Schnaare
—
Deed Of Trust
related
$180,000 · Bank Of Hillsboro
—
—
Stanley D Schnaare
—
Deed Of Trust
related
$195,000 · Eagle Bank & Trust Co Missouri
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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