South Highway 83 Development

South Highway 83 Development

North Platte, NE and Lincoln County are experiencing tremendous economic growth and this property can be your opportunity to be part of the growth.

Located on the west side of South US Highway 83, this tract has access from College Drive which is headed west to the Community College.

The tract that is outlined in the map below is approximately 6.75 acres. This tract is being offered at $3,825,000.

LOCATION: Just south of North Platte, NE on US Hwy 83. The property is west of the Highway across from Menards.

LEGAL DESCRIPTION:

A tract to be surveyed in Lot 2 of Maline 3rd Replat, North Platte, NE

ACRES: 6.75+/- acres

REAL ESTATE TAXES: As a new tract the taxes are yet to be determined.

ZONING: The property is currently zoned as A1 agriculture and is transitional to rezoning.

UTILITIES: There is electrical power but the is currently no water and sewer utilities.

FEMA: The property is not located in the flood plain

OFFERED AT $3,825,000.00

PROPERTY Summary

Location, location, location. This property could have a variety of options for a new owner.Full possession of the property will be given to the Buyer at closing.

The Seller will retain an access easement from the approach off of College Drive to the property they are retaining.

According to the NE-DOT statistics in 2024 over 2,000 vehicles passed by this location daily. The property has been declared blighted and substandard by the City of North Platte which provides the opportunity for TIF funding for a qualified and approved development.

Looking for a investment into the future? This tract of land may fit the need.

Special notice to the Buyer, the Seller would entertain listening to Buyers that may have interest in a larger tract of land for purchase. However, the size of the different tract would be limited to an 8+/- acre tract which consists of the subject 6.75 acres extended north to the Fremont Slough or all of the Sellers ownership of 16+/- acres. Contact Broker for asking price of these tracts.