804 E 27Th St, Scottsbluff, NE 69361

Property Details for 804 E 27Th St

Year built

1979

Lot size

3.22 lot acres

Zone code

03-COMMERCIAL

Property type

Strip malls

Property subtype

Shopping centers

APN

10268928

APU

10268928

Description

This exceptional investment opportunity presents a 109,454-square-foot vacant shopping center situated on a prominent 9.3-acre lot in Scottsbluff, Nebraska. The property, located at 804 E 27th St, boasts a prime hard-corner location at the intersection of E 27th Street (11,845 vehicles per day) and Frontage Road, directly adjacent to US Route 26 (over 12,000 vehicles per day). Currently zoned PBC (Planned Business Center), this property offers significant redevelopment potential. Its strategic location within the Uptown Scottsbluff area places it near numerous major retailers including Walmart, Target, Home Depot, Menards, and more. The property's proximity to Uptown Scottsbluff, currently undergoing revitalization, and several schools (Western Nebraska Community College, Scottsbluff Senior High School, and Bluffs Middle School, with a combined enrollment exceeding 4,200 students) ensures high visibility and potential for increased traffic. The asking price is $3,250,000, translating to $29.69 per square foot. This presents a compelling value-add opportunity for investors or developers seeking a high-traffic location with substantial upside potential. The property includes two parcels, APN 010231412 and 010268928, offering flexibility for various development strategies, including self-storage conversion, industrial use, residential redevelopment, or the development of outparcel/pad sites. This is a rare chance to acquire a large-scale property in a thriving Nebraska market.

Location Insight

City

Scottsbluff

County

Scotts Bluff

State

Nebraska

Longitude

-103.651

Latitude

41.8724

CBSA code

42420

CBSA name

SCOTTSBLUFF, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments