The most common and most likely answer to this crossword clue is the 3 plus 5 letter word ONE HORSE
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More clues leading to the result ONE HORSE
Buddy explains!

The straight part
We know that "Like a town with no heroes sadly" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case like a town with no heroes sadly = one horse.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does ONE HORSE mean?
ONE HORSE adjective- Drawn or worked by a single horse.
- (by extension) Small, insignificant.