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Property profile & analytics
OFF-MARKET Estimated value $270,000
Office Spaces

304 Locust St Hillsboro, MO 63050-4346

0.25 ac lot Built 1999
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US48-0963316
Property summary
AI-generated overview

This exceptional commercial investment property, located at 304 Locust Street in Hillsboro, Missouri, presents a compelling opportunity for savvy investors. The property sits on a 0.25-acre lot and encompasses approximately 7440 square feet, currently fully leased to three distinct tenants. The building boasts a diverse tenant mix, including a probation agency, a church, and a gym, ensuring a stable and diversified income stream. The probation agency occupies the top level, featuring multiple private offices, a waiting area, a conference/training room, three half-bathrooms, a break room, and storage space. The church is located on the middle lower level and includes a large meeting room, waiting area, several offices, a break room, and two half-bathrooms. The gym, situated in the corner lower level unit, offers two large open areas and one half-bathroom. Recent significant upgrades enhance the property's value and appeal, including new windows, a new HVAC unit, a roof less than five years old, and fresh exterior paint. The building enjoys a convenient Hillsboro location with ample street parking and proximity to local restaurants. All tenants are under current leases, providing immediate cash flow. Note that the square footage is approximate

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1999
Lot 0.25 ac (10,890 SF)
Zoning code CT1
APN 17-2.0-03.0-1-003-005.
UPID US48-0963316
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
  • Fight Club Wrestling Academy (Bike/Boat/Book/etc) Store
  • Christ's Church of Hillsboro Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k
Owner & transaction history
Barkley Investments Properties LLC
Barkley Investments Properties LLC
since 2025
2 recorded transactions
2025
Price N/A
2022
Price N/A
Zoning & alternative use
CT1 · Hillsboro, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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