1816 Union Rd Grand Island, NE 68801
- Land
- 0.95 lot acres
Current Use by Public Records
- Land
Property Details for 1816 Union Rd
- Lot size
- 0.95 lot acres
- Property type
- Land
Description
This exceptional 0.95-acre commercial land parcel, located at 1816 Union Road in Grand Island, Nebraska (zip code 68801), presents a compelling investment opportunity. Zoned M2, this property offers significant potential for development and growth. Its prime location provides easy access to Highway 30, ensuring high visibility and convenient transportation links. The asking price is $110,000, translating to a land value of $115,789.47 per square foot. Currently, the property is considered blighted, making it eligible for Tax Increment Financing (TIF), which could significantly reduce development costs and enhance the overall return on investment. This presents a unique chance to acquire a strategically located commercial lot in a growing area, with the added benefit of potential TIF financing to support development plans. The property's address is precisely 1816 Union Rd, situated within Hall County, Nebraska. Its geographical coordinates are latitude 40.9321392 and longitude -98.3236084. Serious inquiries are encouraged to explore the possibilities this property offers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Island
- County
- Hall
- State
- Nebraska
- Longitude
- -98.3236
- Latitude
- 40.9321
