Automotive Repair
For Sale
$349,000
9719 F, Worley, ID 83876
Established automotive repair facility on a 0.32-acre lot with building and land included in the sale.
Property Size4,400 SF
Lot Size0.32 Acres
Price / SF$79.32
Days on Market37
Property Features for 9719 F
General Information
Standard status
Active
Size
4,400 SF
Lot size
0.32 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,159
Amenities
0.00
Building Details
Year Built
1975
Listing Agency:
Windermere/Coeur d'Alene Realty Inc
(208) 818-9371
Listed By:
Daniel Hummer · License #SP55114
Source:
Clearwaterproperties
Added: Jul 17
Changed: Aug 20
Last Checked: Aug 22 at 6:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere/Coeur d'Alene Realty Inc
Investment Insights
Based on property information with market context.
This for-sale automotive repair facility includes the building and the land. The property totals approximately 4,400 square feet and was built in 1975. It is currently operating as Racers Creed Diesel and Auto Repair.
The site is located at 9719 W F St in Worley, on a prominent lot along F Street, which is described as the area’s main thoroughfare.
The sale includes the real estate only. The operating business, equipment, tools, and other assets are not included, but may be available for purchase separately through separate negotiation.
The site is located at 9719 W F St in Worley, on a prominent lot along F Street, which is described as the area’s main thoroughfare.
The sale includes the real estate only. The operating business, equipment, tools, and other assets are not included, but may be available for purchase separately through separate negotiation.
Key Highlights
- Established 4,400 SF automotive repair facility at 9719 W F Street in Worley, built in 1975
- Operates as Racers Creed Diesel and Auto Repair (business operations currently on‑site)
- Sits on a 0.32‑acre lot along Worley’s main thoroughfare (F Street)
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
$26,279
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
7.53%
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%
$525,580
$525.6K
Cap Rate 7%
$375,414
$375.4K
Cap Rate 9%
$291,989
$292.0K
Market Conditions
NOI Build-Up for 4,400 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
$39.6K $9.00/SF
− Vacancy
−$2.1K −$0.47/SF
EGI
$37.5K $8.53/SF
− OpEx
−$11.3K −$2.56/SF
NOI
$26.3K $5.97/SF
Area
Kootenai County, ID
Vacancy
5.20%
Lease Rate
$9.00 /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%
$525,580
Cap Rate 7%
$375,414
Cap Rate 9%
$291,989
Alternative Uses
Best Use
Retail
$633.6K
$554.4K – $739.2K
NOI $44,352 @ 7.0% cap · market cap 12.71%
Second Best
Industrial
$375.4K
$328.5K – $438.0K
NOI $26,279 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$954.5K
$835.2K – $1.11M
NOI $66,813 @ 7.0% cap · market cap 19.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83876, ID
1,670
Population
1,429
Households
1.2
Avg Household Size
51
Median Age
30%
College-Educated
93%
High-School Grad
120.6 sq mi
ZIP Area
14
Density / Sq Mi
$55,438
Median Household Income
$38,047
Median Earnings
$975
Median Rent
$427,900
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.
Similar Off Market Nearby
- Southlake Shop — 9823 W I St, Worley, ID 83876
- Racers Creed Diesel and Auto Repair — 9719 W F St, Worley, ID 83876
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive repair facility on a 0.32-acre lot with building and land included in the sale.
Where is this auto shop located?
The property is located at 9719 F Worley, ID.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Established 4,400 SF automotive repair facility at 9719 W F Street in Worley, built in 1975; Operates as Racers Creed Diesel and Auto Repair (business operations currently on‑site); Sits on a 0.32‑acre lot along Worley’s main thoroughfare (F Street)
