Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CC-2 · Hillsboro, MOZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.