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Hi Crest St.
Hillsboro, MO 63050
Asking Price
$1.15M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 2.4 acres <ul><li>Approximately 2.4 Acres</li><li>~200 feet of frontage along Business 21</li><li>35 mph speed limit along frontage</li><li>400' lot depth from frontage street</li><li>Fire hydrant and utilities already on site</li><li>Strong upside potential in growing Hillsboro market</li><li>Easy access to major commuter routes</li><li>Flexibility for development -parcels are currently zoned residential, but ability to rezone to commercial to match surrounding uses.</li></ul>
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NOI
$80,000
Cap Rate
6.96%
DSCR
1.17
Tight
Cash-on-Cash
3.40%
Monthly Payment
$5,689.573
Annual Cash Flow
$11,725.13
