901 Sunset Ln, Hillsboro, MO 63050
This exceptional 62.01-acre agricultural property in Hillsboro, Missouri, presents a unique investment opportunity. Located on the newly constructed Highway 21, with access via Jovette Terrace off Suncrest Drive, the land boasts significant development potential. The property features existing sewer lines running across it, providing crucial infrastructure for future projects. The diverse landscape includes wooded areas, a creek, and partial fencing. Currently zoned FARM-Agriculture (APN: 17-2.0-04.0-0-000-012), the land offers flexibility for various uses, including commercial, recreational, residential, or subdivision development into residential lots. The City of Hillsboro is open to annexation for development projects, making this a prime location for expansion. The property is surveyed and offered at $12,000 per acre, totaling $744,120. Historical features, including remnants of Civil War-era "dug outs," add unique character and potential for historical preservation or tourism. Access is provided via city streets and easements. This is a rare opportunity to acquire a large parcel of land with excellent access and infrastructure in a rapidly growing area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.