10640 Business 21Hillsboro, MO 63050

Property Details for 10640 Business 21

Year built

2006

Lot size

1.51 AC

Property size (Sq ft)

12,200 SF

Zone code

CT1

Property type

Retail space

APN

17-2.0-03.0-1-002-051.

APU

17200301002051

Description

This exceptional 3,840 square foot executive office space, located at 10640 Business 21 in Hillsboro, Missouri, presents a unique leasing opportunity. Situated in Jefferson County, this property offers a versatile layout ideal for a variety of businesses. The entire building is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property is classified as both retail and office, offering flexibility in its potential uses. The "Hillsboro Plaza" building is a multi-tenant property, meaning it's suitable for businesses requiring multiple suites or a larger, single-occupancy space. With a total of 3,840 square feet, this property provides ample room for growth and expansion. The convenient location in Hillsboro, Missouri, zip code 63050, offers easy access to major transportation routes and local amenities. This is a rare opportunity to secure a substantial, fully vacant commercial space in a desirable location. The property is available for lease and offers a chance to establish a strong presence in a thriving community. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property's classification as a strip center suggests convenient access and high visibility.

• CAP approach

  CAP return

  Valuation

  6%

  $4,099,331

  6.5%

  $3,783,998

  7%

  $3,513,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,396,802

  Geo Method

  $2,396,802

• Alternative Use

  Use

  Valuation

  Residential

  $3,191,944

  Hospitality

  $2,923,804

  Educational

  $2,432,570

  Medical

  $2,516,230

  Retail

  $3,783,998

Location Insight

City

Hillsboro

County

Jefferson

State

Missouri

Latitude

38.23

Longitude

-90.5621

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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