Corner Office Building with
17 E 21ST STREET Scottsbluff, NE 69361
17 E 21ST STREET, Scottsbluff, NE, 69361
$205,000
For Sale
$205,000
SINGLE_FAMILY - Scottsbluff, NE
Property Size1,768 SF
Price / SF$115.95
Days on Market138
Property Features for 17 E 21ST STREET
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 010135618
Taxes and HOA fees
- Tax Year
- 2011
- Tax Description
- S 1/3 SE TL 6, BLK 30, NORTH SCOTTSBLUFF ADD
- Tax Annual Amount
- 2009
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- Frame, Brick
- Roof type
- Flat
Listing Agency
NEBRASKA REALTY
(402) 491-0100
2970 10th St. Ste. #6, Omaha, NE
Listed by
CAITLIN COPAS
(308) 241-1664
Added: Mar 3 Checked: Jul 19 at 1:06 pm
MLS# 27028
Copyright © 2026 Western Nebraska Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This corner-lot office property is currently configured as one office with a sunny, bright waiting/front office and hallway access to multiple office spaces. The layout includes two separate entrances that could support a split into two rentable units. A half bath is located in the hallway near the side door, and there is a storage closet for day-to-day needs. The secondary area at the west end includes an additional waiting or storage area plus two spacious offices.
A divided basement provides substantial storage and includes a storm shelter on one side. The other side is described as a smaller storage/utility area with two furnaces and an on-demand water heater. Outside, off-street parking is available and accessed from the alley.
The property is noted as currently tax exempt, and the remarks indicate that taxes shown are from 2011 and may change after purchase.
A divided basement provides substantial storage and includes a storm shelter on one side. The other side is described as a smaller storage/utility area with two furnaces and an on-demand water heater. Outside, off-street parking is available and accessed from the alley.
The property is noted as currently tax exempt, and the remarks indicate that taxes shown are from 2011 and may change after purchase.
Key Highlights
- Corner‑lot commercial property set up as one office with two separate entrances that could be rented as two units
- Main level includes a sunny waiting/front office plus access to 4–5 office spaces and a hallway 1/2 bath
- Optional secondary unit at the west end offers additional waiting or storage area and two spacious offices
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $12.00 |
| − Vacancy | −$2.5k | −$1.44 |
| EGI | $18.7k | $10.56 |
| − OpEx | −$4.7k | −$2.64 |
| NOI | $14.0k | $7.92 |
1,768 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.0K
$175.0K – $233.4K
NOI $14,003 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$331.8K
$290.4K – $387.2K
NOI $23,229 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
League of Human Dignity
State Government Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office building on a corner lot with two entrances, off-street parking, and a divided basement with storm shelter.
Where is this office units located?
The property is located at 17 E 21ST STREET Scottsbluff, NE.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Corner‑lot commercial property set up as one office with two separate entrances that could be rented as two units; Main level includes a sunny waiting/front office plus access to 4–5 office spaces and a hallway 1/2 bath; Optional secondary unit at the west end offers additional waiting or storage area and two spacious offices
