Auto Shop with
For Sale
$1,250,000
256 W Dakota Ave, Hayden, ID 83835
Commercial Sale, Single Level, Hayden, ID
Property Size5,606 SF
Lot Size0.43 Acres
Price / SF$222.98
Days on Market133
Property Features for 256 W Dakota Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Hayden C
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Security features
Security System
Interior features
High Speed Internet, Smart Thermostat, Mini-Split A/C, Phone Prewired
Exterior features
Lighting, Handicap Access
Accessibility
Accessible Approach with Ramp
Lot features
Open Lot, Level, Southern Exposure
View
Territorial
Directions
SE corner of Hwy 95 and Dakota Avenue
Subdivision
03 - Hayden
Standard status
Active
APN
H045014081AB
Size
5,606 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Avondale, Tax#8202 In Tr 81 Ex Tx# Hayden Urd Base Yr 2005 1451N04w
Tax Annual Amount
2455
Legal Description
Avondale, Tax#8202 In Tr 81 Ex Tx# Hayden Urd Base Yr 2005 1451N04w
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Ductless (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1974
Building materials
Concrete, Block
Roof type
Metal
Architectural style
Other
Listing Agency:
Keller Williams Realty Coeur d'Alene
(208) 667-2399
Listed By:
Rick Scharf · License #SP41007
(208) 651-9699
Added: Apr 19
Changed: Aug 20
Last Checked: Aug 29 at 8:06PM
MLS# 26-3686
Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,606-square-foot auto shop occupies a 0.43-acre site along Highway 95 in Hayden. The land and building are included in the sale, while the operating business is excluded. The existing body-shop occupant is willing to remain under a leaseback arrangement with the new owner, creating a potential continuity-of-occupancy structure.
Built in 1974, the property has concrete and block construction, a metal roof, central air conditioning, natural-gas and forced-air heating, and ductless heating. Public water and public sewer serve the site. Additional features include a bathroom, high-speed internet availability, phone prewiring, lighting, an accessible approach with ramp, and handicap access. The property is zoned Hayden C and is located at 256 W Dakota Ave in Hayden, Idaho.
Built in 1974, the property has concrete and block construction, a metal roof, central air conditioning, natural-gas and forced-air heating, and ductless heating. Public water and public sewer serve the site. Additional features include a bathroom, high-speed internet availability, phone prewiring, lighting, an accessible approach with ramp, and handicap access. The property is zoned Hayden C and is located at 256 W Dakota Ave in Hayden, Idaho.
Key Highlights
- 5,606‑square‑foot auto shop on a 0.43‑acre site
- Positioned along Highway 95 in Hayden
- Existing body‑shop operator willing to lease back the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,508
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,130,160
$1.1M
Cap Rate 7%
$807,257
$807.3K
Cap Rate 9%
$627,867
$627.9K
Market Conditions
NOI Build-Up for 5,606 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$84.1K $15.00/SF
− Vacancy
−$3.4K −$0.60/SF
EGI
$80.7K $14.40/SF
− OpEx
−$24.2K −$4.32/SF
NOI
$56.5K $10.08/SF
Area
Kootenai County, ID
Vacancy
4.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,130,160
Cap Rate 7%
$807,257
Cap Rate 9%
$627,867
Alternative Uses
Best Use
Retail
$807.3K
$706.4K – $941.8K
NOI $56,508 @ 7.0% cap · market cap 4.52%
Second Best
Industrial
$478.3K
$418.5K – $558.0K
NOI $33,481 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,126 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
65k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 27%
Home Improvements & Furnishings 9%
Electronics 3%
Maverik Adventures First Stop
Shops & Services
16,039 visits/mo
0.2 miles
KFC
Dining
13,231 visits/mo
0.4 miles
Exxon
Shops & Services
10,286 visits/mo
0.2 miles
Wells Fargo
Shops & Services
6,159 visits/mo
0.2 miles
Hayden Ace Hardware
Home Improvements & Furnishings
5,655 visits/mo
0.3 miles
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - The existing body-shop operator is willing to lease the property back after closing, subject to mutually agreed terms.
Where is this auto shop located?
The property is located at 256 W Dakota Ave Hayden, ID.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5,606‑square‑foot auto shop on a 0.43‑acre site; Positioned along Highway 95 in Hayden; Existing body‑shop operator willing to lease back the property
