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    Property profile & analytics
    OFF-MARKET
    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
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    Owner & transaction history
    Barkley Investments Properties LLC
    Barkley Investments Properties LLC
    since 2025
    2 recorded transactions
    2025
    2022
    Zoning & alternative use
    CT1 · Hillsboro, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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