1007 Colfax St Blair, NE 68008

This exceptional 0.88-acre commercial land parcel in Blair, Nebraska, presents a unique investment opportunity. Ideally situated at 1007 Colfax Street, 68008, this property is conveniently located just 0.7 miles from the new Dollar General Distribution Center and within five minutes of Blair's three largest employers, employing over 1,100 people. The land is divided into four lots and zoned MHD, permitting high-density multifamily development. The city has expressed interest in a potential development of six one-bedroom, one-bathroom units across four separate buildings, totaling 24 units. This is a ready-to-develop site with graded land and utilities readily accessible at the property borders. Its prime location near Highway 75 and Blair's main thoroughfare makes it highly accessible and attractive for immediate development. The asking price is $250,000, and Tax Increment Financing (TIF) may be available upon city approval. This represents a compelling chance to capitalize on Blair's growth and contribute to its next major development phase. Don't miss this chance to secure a piece of Blair's thriving commercial landscape.