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    74 Roy Way Sagle, ID 83960

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    Commercial space with office, bathrooms, storage, and bays.

    Property size:
    2,508 SF
    Lot size:
    0.40 Acres

    Property Features for 74 Roy Way

    General Information

    Standard status
    Pending
    Size
    2,508 SF
    Lot size
    0.40 Acres

    Building Details

    Year built
    1996

    We can help!

    Listing Contact
    Dave Brown
    Source: Exitrealty

    Listing Agency: KELLY RIGHT REAL ESTATE OF IDAHO Listing Agent: Dave Brown

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

    Learn more

    Overview

    Sagle Commercial Space For Sale

    This commercial space, situated in Sagle, ID, offers opportunities for various business ventures. The property features over 2500 square feet of space, including an office area, one and a half bathrooms, and loft storage. Four bays, each measuring 10x12 feet, provide additional convenience. The property is located on approximately 0.40 acres, which allows for potential expansion. There is ample parking space available, along with a 20-foot concrete pad in front of the building. Currently used as an auto repair and sales facility, the property offers the option to purchase both the business and the building. Its location provides proximity to Sandpoint and other amenities. This property is suitable for continuing the existing business or starting a new one. Seller financing is available with acceptable terms.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Food Market HVAC Service Storage Facility Discount Store

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

    Similar Places Nearby

    Road Blaze Towing Service, A-10 Autobody

    Location Insight

    • Map
    • Local Demand
    City
    Sagle
    County
    Bonner
    State
    Idaho
    Longitude
    -116.5720685
    Latitude
    48.1957157

    Nearby Similar for Sale

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      3,756 SF

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      Versatile property with commercial potential in a peaceful Idaho setting.
      1024 Sagle Rd, Sagle, ID 83860
      View Details
    • $799,900
      1,188 SF

      Highway 95 Commercial Property, Sagle ID

      3.28 Acres, Highway Frontage, Shop Included
      468356 Us-95, Sagle, ID 83860
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial space with office, bathrooms, storage, and bays.
    Where is this auto shop located?
    The property is located at 74 Roy Way Sagle, ID.
    What are key features of this property?
    This property features: - Prime commercial space in Sagle, ID with existing auto repair/sales business purchase option.; - Boasting 2500+ sq ft space with office area, 1.5 bathrooms, and loft storage.; - Four 10x12 ft bays for versatile use.
    (208) 215-2238
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    74 Roy Way Sagle, ID 83960
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    Sagle, ID 83960
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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
    74 Roy Way Sagle, ID 83960
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    We can help!
    Listing Contact
    Dave Brown
    Real Estate License ID: AB41670
    (208) 215-2238
    Learn more
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