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Auto Shop with Office Conversion
For Sale
$382,000

114 Montana, Homedale, ID 83628

Commercial Sale, Homedale, ID

Property Size1,500 SF
Lot Size0.16 Acres
Price / SF$254.67
Days on Market98

Property Features for 114 Montana

General Information

Property type Commercial Sale
Property subtype Other
Lot features Standard Lot 6000-9999 S F
Directions Behind the High School in Homedale
Standard status Active
APN RPA0010078010A
Size 1,500 SF
Lot size 0.16 Acres

Utilities

Heating system Natural Gas, Heat Pump (Heating)
Cooling system Central Air

Building Details

Building materials Frame, Vinyl Siding
Roof type Composition
Listing Agency: Idaho Real Estate Company
Listed By: Kathy Deal · License #33554
Added: Jul 2 Changed: Sep 24 Last Checked: Oct 7 at 1:06PM
MLS# 98992437

Copyright © 2026 Intermountain 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 automotive property includes a 1,500-square-foot shop measuring 50 by 30 feet, with 16-foot ceilings and a setup for a car lift. The space is suited to automotive work, including car restoration. A separate four-bedroom house has been fully remodeled and may be converted to office use, creating additional operational space for the property.

The site encompasses 0.16 acres at 114 Montana in Homedale, Idaho. Improvements feature frame construction with vinyl siding, a composition roof, natural gas and heat-pump heating, and central air conditioning.

Key Highlights

  • 1,500‑square‑foot automotive shop measuring 50 by 30 feet
  • 16‑foot shop ceilings with setup for a car lift
  • Four‑bedroom house fully remodeled and suitable for office conversion

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,955
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,100 $359.1K
Cap Rate 7%
$256,500 $256.5K
Cap Rate 9%
$199,500 $199.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$1.4K −$0.90/SF
EGI
$25.7K $17.10/SF
− OpEx
−$7.7K −$5.13/SF
NOI
$18.0K $11.97/SF
Area
Owyhee County, ID
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,100
Cap Rate 7%
$256,500
Cap Rate 9%
$199,500

Alternative Uses

Best Use
Retail
$256.5K
$224.4K – $299.3K (±1% cap)
NOI $17,955 @ 7.0% cap · market cap 4.70%
Second Best
Industrial
$184.1K
$161.1K – $214.8K (±1% cap)
NOI $12,890 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$379.4K
$332.0K – $442.7K (±1% cap)
NOI $26,561 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Groceries 39% Dining 7% Home Improvements & Furnishings 5%
Albertsons Groceries
17,002 visits/mo 0.2 miles
Jacksons Shops & Services
7,357 visits/mo 0.0 miles
Family Dollar Shops & Services
6,052 visits/mo 0.4 miles
U.S. Bank Shops & Services
2,958 visits/mo 0.2 miles
SUBWAY Dining
2,900 visits/mo 0.2 miles

Demographics for 83628, ID

4,996
Population
1,704
Households
2.9
Avg Household Size
37
Median Age
14%
College-Educated
85%
High-School Grad
63.1 sq mi
ZIP Area
79
Density / Sq Mi
$62,063
Median Household Income
$28,534
Median Earnings
$943
Median Rent
$233,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Les Schwab Tire Center — 330 US-95, Homedale, ID 83628
  • Top Notch Tint — 101 E Wyoming Ave, Homedale, ID 83628
  • JAC Mobile repair — 605 Westwood Dr, Homedale, ID 83628
  • ACDelco — Homedale, ID 83628
  • Perfection Repair — 334 W Idaho Ave, Homedale, ID 83628

Frequently Asked Questions

What type of property is this?
Auto shop - Remodeled four-bedroom residence offers potential administrative space alongside the automotive work area.
Where is this auto shop located?
The property is located at 114 Montana Homedale, ID.
What is the asking price?
The asking price for this property is $382,000.
What are key features of this property?
This property features: 1,500‑square‑foot automotive shop measuring 50 by 30 feet; 16‑foot shop ceilings with setup for a car lift; Four‑bedroom house fully remodeled and suitable for office conversion
More about this property
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