Prime Investment Opportunity: Commercial Lots

Eight prime commercial lots offer an exceptional investment opportunity in Scottsbluff, NE, strategically located just south of Home Depot in the Ave. I commercial area. These highly versatile parcels range from 15,739 to 23,983 square feet, and are zoned Neighborhood Commercial. Offered at a price range of $8.50 to $10.50 per square foot.

These lots are ripe for development and can be combined or reconfigured to perfectly suit a buyer's vision. As an added incentive, future buyers can tap into TIF (Tax Increment Financing) funding for infrastructure improvements. TIF works by "freezing" the property's current tax value; as development increases the property's value, the additional property tax generated (the "increment") can then be used to fund improvements within the TIF district itself. The amount of TIF available will depend on the value of the proposed improvements. While district assessments will follow the property owner, the potential for significant growth and value creation is evident. This is more than just land; it's a foundation for future success in a thriving location.

These lots are part of a larger commercial development portfolio nearby in Scotts Bluff County. This portfolio includes diverse assets such as farmland, residential lots, a storage business, and other strategic opportunities, offering an additional layer of potential for expansion or diverse investment.