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    OFF-MARKET
    Commercial real estate

    901 Sunset Ln, Hillsboro, MO 63050

    62.01 ac lot
    Property ID
    US48-1009161
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 62.01 ac (2,701,156 SF)
    APN 17-2.0-04.0-0-000-012
    UPID US48-1009161
    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
    • hill baro horse church for horses Church Mosque
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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