Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Former Auto Dealership For Sale Title is generated by Realmo AI

    6320 Telluride Dr, Lincoln, NE 68521

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Former auto dealership with excess ground available for sale.

    Type:Retail
    Property size:
    29,800 SF
    Lot size:
    2.95 Acres
    Price / SF:
    $180/SF
    Added:
    Mar 23, 2026
    Days on Market:
    51
    Last Refresh:
    Mar 25 at 8:41 am

    Property Features for 6320 Telluride Dr

    General Information

    Standard status
    Active
    Size
    29,800 SF
    Lot size
    2.95 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2003

    We can help!

    Listing Contact
    Brian Farrell
    Brian Farrell

    Listing agent Brian Farrell License #NE 20051234

    Listing office Investors Realty Inc

    Listing date Mar 23, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Investors Realty Inc

    HighLights

    • Former full service auto dealership
    • Excess ground of 2.95 acres available
    • Year Built: 2003
    • Excess ground available for $650,000

    Overview

    This commercial property, formerly a full-service auto dealership, is available for sale. The property encompasses 29,800 square feet. Additionally, 2.95 acres of excess ground are available for $650,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clemons Mitsubishi Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Enterprise Rent-A-Car — 7100 Husker Cir, Lincoln, NE 68504
    • U-Haul Moving & Storage of North Lincoln — 1930 Fletcher Ave, Lincoln, NE 68521
    • U-Box at U-Haul — 1930 Fletcher Ave, Lincoln, NE 68521
    • Trailer Rental at U-Haul — 1930 Fletcher Ave, Lincoln, NE 68521
    • Truck Rental at U-Haul — 1930 Fletcher Ave, Lincoln, NE 68521

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6828653
    Latitude
    40.8762786

    Nearby Similar for Sale

    • $525,000

      Lincoln 4-Plex Investment Opportunity

      Fully leased, updated 4-plex near universities in Lincoln, Nebraska.
      4210 Huntington Avenue, Lincoln, NE 68504
      View Details
    • $769,900

      Lincoln Multifamily Investment Opportunity

      12-unit multifamily property near shopping, campus, and Haymarket District.
      1228 E Street, Lincoln, NE 68508
      View Details
    • $529,000

      Turnkey 4-Plex Investment Property

      Turnkey, cash-flowing 4-unit property near Nebraska Wesleyan University.
      4220 Huntington Avenue, Lincoln, NE 68504
      View Details
    • $850,000
      5,130 SF

      Downtown Flex Building with Overhead Door

      Versatile 5,130 SF flex building in Downtown Lincoln.
      1029 M St, Lincoln, NE 68508
      View Details
    • $199,950

      Cash-Flowing Duplex Investment Opportunity

      Multi-level duplex perfect for investors or owner-occupants.
      2815 N Street, Lincoln, NE 68510
      View Details
    • $799,000

      Lincoln Multi-Family Investment Opportunity

      Well-maintained 10-plex in prime location with immediate cash flow.
      611 S 20th Street, Lincoln, NE 68510
      View Details
    • $725,000
      2,709 SF

      Lincoln Retail NNN Investment Opportunity

      Single-tenant NNN retail property in Lincoln, Nebraska for sale.
      2811 N 48th St, Lincoln, NE 68504
      View Details
    • $312,000
      1,904 SF

      Lincoln Fourplex Near University Campus

      Well-maintained fourplex near university campuses and downtown Lincoln.
      2726 W Street, Lincoln, NE 68503
      View Details
    • $240,000

      Lincoln Multifamily Investment Opportunity

      Four-unit multifamily property near Cornhusker Hwy and interstate.
      2516 NW 8th Street, Lincoln, NE 68521
      View Details
    • $305,000
      2,400 SF

      Functional Office Condo For Sale

      2,400 SF office condo in Lincoln's Trade Center.
      5901 S. 58th St., Suite D, Lincoln, NE, Lincoln, NE 68516
      View Details
    • $550,000

      Remodeled Home with Income Potential

      Lincoln property featuring a remodeled home, apartment, and garage/shop.
      1341 N 45th Street, Lincoln, NE 68503
      View Details
    • $675,000
      2,224 SF

      Established Tavern on Cornhusker Highway

      Turnkey tavern with real estate, business, and equipment included.
      736 West Cornhusker Highway, Lincoln, NE
      View Details

    FAQs

    What type of property is this?
    Automotive property - Former auto dealership with excess ground available for sale.
    Where is this automotive property located?
    The property is located at 6320 Telluride Dr Lincoln, NE.
    What is the asking price?
    The asking price for this property is $5,385,000.
    What are key features of this property?
    This property features: Former full service auto dealership; Excess ground of 2.95 acres available; Year Built: 2003
    (402) 778-7531 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Farrell
    Brian Farrell
    Real Estate License ID: NE 20051234
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6320 Telluride Dr, Lincoln, NE 68521
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!