Property summary
This exceptional 5,076 square foot retail property, situated on a 1.02-acre lot in Lincoln, Nebraska, presents a compelling investment opportunity. Built in 2012, the two-story building currently operates as a successful auto dealership under the Drive Fast USA brand. The property boasts a spacious 4,558 square foot main building, encompassing a showroom, offices, breakroom, and service bays, complemented by a 500+ square foot mezzanine office. Ample parking is provided with 100 spaces. The property benefits from exceptional visibility and exposure due to its location on Whitehead Drive, conveniently situated off I-80 and near North 27th Street. The H3 - Highway Commercial District zoning allows for a variety of potential uses, making it an adaptable asset for future development. The property's strategic location is further enhanced by its proximity to numerous national retailers and hotels. The asking price is $1,795,000, translating to $353.62 per square foot. This turnkey operation offers immediate income potential or the flexibility for repurposing to suit a diverse range of commercial ventures. Interested parties should contact the listing agent for showing details. Please do not visit the property without prior arrangement.
Property profile
VerifiedCap rate & NOI
Current use
-
Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
H3 · Lincoln, NEZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for H3 in Lincoln, NE.
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Find the owner behind the property.
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