Storefront with Signage
805 W 27th St, Scottsbluff, NE 69361
For Sale
New
$999,900
C-2 zoning supports uses permitted in the district, with parking available at both the front and rear.
Property Size6,889 SF
Price / SF$145.14
Days on Market6
Property Features for 805 W 27th St
General Information
Standard status
Size
Zoning
Additional Details
Road Access
Taxes and HOA fees
Annual Taxes
Listing Agency:
BRANDT REAL ESTATE
Listed By:
GARY BRANDT
(308) 632-7228
Source:
Exprealty
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 6 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BRANDT REAL ESTATE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,889-square-foot storefront is vacant and situated in a C-2 zone. Its front mansard can accommodate signage, while the parking areas include illuminated poles and a separate sign pole with frame.
Vehicle access is provided by one point on West 27th Street and two points on Avenue H. Parking is located at both the front and rear of the building.
Vehicle access is provided by one point on West 27th Street and two points on Avenue H. Parking is located at both the front and rear of the building.
Key Highlights
- 6,889‑square‑foot storefront in a C‑2 zone
- Parking areas at the front and rear of the building
- One access point on West 27th Street and two on Avenue H
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,956
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,120
$979.1K
Cap Rate 7%
$699,371
$699.4K
Cap Rate 9%
$543,956
$544.0K
Market Conditions
NOI Build-Up for 6,889 SF
Gross rent
$74.4K $10.80/SF
− Vacancy
−$4.5K −$0.65/SF
EGI
$69.9K $10.15/SF
− OpEx
−$21.0K −$3.05/SF
NOI
$49.0K $7.11/SF
Area
Scotts Bluff County, NE
Vacancy
6.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,120
Cap Rate 7%
$699,371
Cap Rate 9%
$543,956
Alternative Uses
Best Use
Retail
$699.4K
$612.0K – $815.9K
NOI $48,956 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.29M
$1.13M – $1.51M
NOI $90,513 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
102k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Apparel 39%
Home Improvements & Furnishings 12%
Dining 8%
Hobby Lobby
Shops & Services
26,859 visits/mo
0.2 miles
Ross Dress for Less
Apparel
25,039 visits/mo
0.4 miles
Dunham's Sports
Apparel
14,509 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
11,958 visits/mo
0.4 miles
Dollar Tree
Shops & Services
10,731 visits/mo
0.2 miles
Demographics for 69361, NE
17,526
Population
7,750
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
90%
High-School Grad
237.8 sq mi
ZIP Area
74
Density / Sq Mi
$55,531
Median Household Income
$38,160
Median Earnings
$949
Median Rent
$154,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Blossom Shop — 1816 Broadway, Scottsbluff, NE 69361
- Flowers On Broadway — 1910 Broadway, Scottsbluff, NE 69361
Frequently Asked Questions
What type of property is this?
Storefront property - C-2 zoning supports uses permitted in the district, with parking available at both the front and rear.
Where is this storefront property located?
The property is located at 805 W 27th St Scottsbluff, NE.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 6,889‑square‑foot storefront in a C‑2 zone; Parking areas at the front and rear of the building; One access point on West 27th Street and two on Avenue H
