804 27Th StScottsbluff, NE 69361

For Sale
$3,250,000

109,454 SF Vacant Shopping Center, 9.3 Acres

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • 109,454 SF vacant shopping center on a 9.3-acre lot in Scottsbluff, NE, for $3,250,000 ($29.69/SF).
  • High-traffic hard-corner location at E 27th St and Frontage Rd, adjacent to US Route 26.
  • Scottsbluff is a regional retail and employment hub in western Nebraska.
  • Significant redevelopment potential; below replacement cost, allowing for pad site development or break-up strategy.
  • Strategically located near major retailers, Uptown Scottsbluff, and Western Nebraska Community College.

Property Details for 804 27Th St

Property type
Lifestyle centers, Power centers
Square Feet
109,454 SF
Lot Size (sq. ft)
405,108 SF

Location Insight

City
Scottsbluff
County
Scotts Bluff
State
Nebraska
Latitude
41.872449
Longitude
-103.6506859
804 27Th St, Scottsbluff, Nebraska

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804 27Th St
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