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Grand Island Commercial Land Opportunity
For Sale
$944,000

3518 S Locust Street, Grand Island, NE 68801

COMMERCIAL - Grand Island, NE

Property SizeContact for details
Lot Size2.70 Acres
Days on Market163

Property Features for 3518 S Locust Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2 GC
Subdivision Valentine Motel Sub
Lot features Corner
Elementary school Starr
Middle school Barr Middle School
High school Grand Island Senior High
Standard status Active
APN 400149249
Lot size 2.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 1 & 2 Valentine Sub 2
Tax Annual Amount 2839
Legal Description Lot 1 & 2 Valentine Sub 2

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Berkshire Hathaway HomeServices Da-Ly Realty · Century 21 Real Estate
Listed By: Jeffrey Reed
Added: Mar 15 Changed: Aug 4 Last Checked: Aug 24 at 8:06AM
MLS# 20262219

Copyright © 2026 Grand Island 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 prime commercial real estate is located directly across the street from Super WalMart in Grand Island, NE. The surrounding community includes the Conestoga Market Place and a diverse mix of retail and dining establishments along South Locust Street. The property's location near major thoroughfares provides convenient access for local and visiting patrons. Nearby attractions include the Stuhr Museum of the Prairie Pioneer, Fonner Park, and the Nebraska State Fairgrounds, contributing to the area's bustling atmosphere. This location presents an enticing prospect for retail and land investors looking to capitalize on the area's growth and potential. The lot size is 2.7 acres.

Key Highlights

  • Prime commercial location directly across the street from Super WalMart
  • Situated near major thoroughfares, providing convenient access
  • Proximity to Conestoga Market Place and diverse retail/dining establishments

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Electrical Service Hair Salon Pharmacy Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby

Demographics for 68801, NE

30,440
Population
11,684
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
81%
High-School Grad
90.0 sq mi
ZIP Area
338
Density / Sq Mi
$63,214
Median Household Income
$37,995
Median Earnings
$931
Median Rent
$186,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime commercial land near Walmart in Grand Island, Nebraska.
Where is this commercial land located?
The property is located at 3518 S Locust Street Grand Island, NE.
What is the asking price?
The asking price for this property is $944,000.
What are key features of this property?
This property features: Prime commercial location directly across the street from Super WalMart; Situated near major thoroughfares, providing convenient access; Proximity to Conestoga Market Place and diverse retail/dining establishments
More about this property
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