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    7 N Hwy 91 Downey, ID 83234

    View on Map
    For Sale
    $699,000

    Business w/Real Estate - Downey, ID

    Property size:
    2,880 SF
    Lot size:
    3.32 Acres
    Added:
    Feb 26, 2026
    Days on Market:
    34
    Last Refresh:
    Apr 1 at 8:06 am

    Property Features for 7 N Hwy 91

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial General
    Standard status
    Active
    Size
    2,880 SF
    Lot size
    3.32 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    2837

    Utilities

    Heating system
    Oil
    Cooling system
    None (Cooling)

    Building Details

    Floors in Building
    1
    Building materials
    Block, Concrete
    Roof type
    Membrane
    Architectural style
    Other

    We can help!

    Listing Contact
    Angela Palmer

    Listing agent Angela Palmer

    Listing office AMP Realty PO Box 1486, Blackfoot, ID

    Listing date Feb 26, 2026

    MLS# 581760 Listing URL

    Copyright © 2026 Greater Pocatello Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn Key Business Opportunity

    This is a turn-key repair and towing business opportunity with real estate included. The established business has been operating for 40 years and includes a repair shop measuring 80' x 36' with 3 bays. The sale encompasses all equipment, including lifts, tools (including specialty Snap-On tools), and parts inventory. The property spans 3.32 acres and features 14 storage units, with additional smaller storage units on the west side of the storage unit building. Most of the storage units are currently rented. The sale includes two 1994 tow trucks housed inside a 30x36 shop equipped with two 10' garage doors, as well as one flatbed truck. Additional storage is provided by a reefer and a shed. One carport is included, while another is used for an EMB building display, presenting a potential distributorship opportunity for a new owner. The business is also an Interstate battery distributor (battery inventory not owned) and a distributor of Air Gas Oxygen & Acetylene. This presents multiple sources of income, including tows, repairs, sales, and storage units, with land available for expansion. The business has a long-established customer base after 40 years. The property is zoned Commercial General and is located in Downey, ID.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Dental Office Auto Parts Store Bar & Pub Car Rental Facility Clothing & Fashion Store Grocery & Convenience Store Nursing Home

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

    Similar Places Nearby

    • Doug's Repair Service — 9 US-91, Downey, ID 83234

    Location Insight

    • Map
    • Local Demand
    City
    Downey
    County
    Bannock
    State
    Idaho
    Longitude
    -112.12937
    Latitude
    42.429055

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    FAQs

    What type of property is this?
    Auto shop - Established repair and towing business with real estate for sale.
    Where is this auto shop located?
    The property is located at 7 N Hwy 91 Downey, ID.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Turn‑key, established repair and towing business with 40‑year history; Repair shop (80'x36') with 3 bays, lifts, tools, and parts inventory included; 3.32 acres with 14 storage units (most rented) and additional smaller storage units
    (208) 757-9538
    We can help!
    Listing Contact
    Angela Palmer
    Real Estate License ID: DB41868
    Learn More
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    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
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