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    304 Locust St Hillsboro, MO 63050
    Property profile & analytics

    304 Locust St Hillsboro, MO 63050


    • Office properties & Spaces
    • 0.25 lot acres
    Hillsboro Commercial Investment Opportunity For Sale
    $399,900

    Hillsboro Commercial Investment Opportunity

    Fully Leased, Multi-Tenant Building, Great ROI

    304 Locust St, Hillsboro, MO 63050
    View Listing
    Property ID
    US48-0963316
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fight Club Wrestling Academy / (Bike/Boat/Book/etc) Store
    • Christ's Church of Hillsboro / Church

    Property Details for 304 Locust St

    Year built
    1999
    Lot size
    0.25 lot acres
    Zone code
    CT1
    Property type
    Office properties & Spaces
    APN
    17-2.0-03.0-1-003-005.
    APU
    17200301003005

    Description

    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


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.5633
    Latitude
    38.2326
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    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
    2023
    $2,593
    $10,500
    $29,200
    $39,700
    -
    $32,700
    $91,400
    $124,100
    View Listing
    More about this property
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