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    OFF-MARKET
    Auto shops

    8144 Old State Rte 21, Hillsboro, MO 63050-1704

    588 SF 10.2 ac lot Built 1948
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US48-3176388
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 8144 Old State Route 21 in Hillsboro, Missouri, presents a unique investment opportunity. Spanning two acres of land, the property boasts a substantial building featuring two large shop/garage areas, each easily accessible via three automatic garage doors. The building also includes two separate offices, each with its own private entrance, providing flexibility for various business needs. Upstairs, a finished bonus area offers ample space for additional workspace, storage, or expansion. Three bathrooms are conveniently located throughout the building. Further enhancing the property's appeal are an existing alarm system, a newer refrigerator included in the sale, and extensive parking and outdoor space. The property benefits from excellent road frontage along Old Route 21, ensuring high visibility and accessibility. The expansive lot offers stunning views, adding to the property's overall desirability. Priced at $415,000, this property is brimming with potential for a wide range of commercial uses. Don't miss this chance to acquire a versatile and well-appointed commercial space in a desirable location.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1948
    Construction WOOD FRAME
    Total area 588 SF
    Lot 10.2 ac (444,312 SF)
    Zoning code CC-2
    APN 07-7.0-36.0-0-000-061.
    UPID US48-3176388
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Gazaway Auto And Tire LLC · 3 yrs held
    Gazaway Auto And Tire LLC
    since 2023
    6 recorded transactions
    2023
    2018
    2011
    2008
    2007
    1969
    Zoning & alternative use
    CC-2 · Hillsboro, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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