www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
13298655
13298656

804 E 27th St, Scottsbluff, NE 69361

EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
JW
NE 20090135
Colliers - Omaha, Nebraska
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California, Colliers - Omaha, Nebraska
$3,250,000
964 days on market
Updated 10 days ago

Former Kmart Shopping Center

Details
APN 010231412, 010268928
Property Type Retail
Sub Type Shopping Center
Square Footage 109,454
Tenancy Multi
Price per SqFt $30
Acreage 9.300
Investment Type Net Lease

Retail | 109,454 SF

Marketing description

The Snyder Carlton National Net Lease Team is pleased to present to investors and developers an opportunity to purchase a former BIG Kmart anchored shopping center (100% vacant) in Scottsbluff, NE. The subject property comprises a 109,454 SF building and two parcels totaling 9.30 acres strategically positioned on the hard corner of E 27th Street (11,845 VPD) and Frontage Road and is directly adjacent to the Heartland Expressway (U.S. Route 26) which sees over 12,000 VPD. Currently zoned PBC (planned business center), significant value can be created through redevelopment or lease up. This would be an excellent candidate for self-storage conversion, industrial use, residential redevelopment, or development of outparcel/pad sites.

The Uptown Scottsbluff area has numerous retailers nearby including Walmart Supercenter, Target, The Home Depot, Menard’s, Hobby Lobby, Walgreens, McDonald’s, Culver’s, Taco Bell, KFC, Harbor Freight, AutoZone, and more. Directly neighboring the subject property, Uptown Scottsbluff (formerly Monument Mall) is currently undergoing a revitalization which is expected to significantly increase traffic and encourage cross shopping synergies. Additionally, several schools surround the property including Western Nebraska Community College, Scottsbluff Senior High School, and Bluffs Middle School which have a combined enrollment surpassing 4,200 students.

This is a great value add opportunity for investors or developers seeking a prominent location in Scottsbluff, NE with excellent potential.

Investment highlights

  • Huge Value-Add Former Kmart Shopping Center Redevelopment Site - Plus 2 Outparcel PADS

  • Main Retail Trade Corridor with Tremendous Highway Visibility - Large 9.3 Acre Hard Corner

  • Scottsbluff is Regional Hub for Business/Employment/Industry/Retail Trade/Tourism in West NE

  • Well Below Replacement Cost plus Necessary Improvement Costs - Break-up Strategy for PADS

  • Strategically Surrounded by all Major Retail - Adjacent to Uptown Scottsbluff Mall/W NE College

Listing Contacts

EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
JW
NE 20090135
Colliers - Omaha, Nebraska
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California, Colliers - Omaha, Nebraska

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591