Established Auto Services
For Sale
Contact for pricing
203 Main Ave. E, Twin Falls, ID 83301
Turnkey auto services business with real estate for sale.
Property Size21,675 SF
Lot Size1.22 Acres
Price / SF$207.61
Days on Market151
Property Features for 203 Main Ave. E
General Information
Standard status
Active
Size
21,675 SF
Class
A
Lot size
1.22 Acres
Property subtype
Industrial
Zoning
C-3
Investment Type
Owner/User
Net Operating Income
$650,000
Building Details
Year Built
2015
Year Renovated
2026
Buildings
3
Stories
1
Listing Agency:
Tiffany & Company Real Estate
Listed By:
Mitchell Rice · License #10946601-SA00
Source:
Crexi
Added: Apr 3
Changed: Aug 27
Last Checked: Aug 28 at 10:00PM
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 Tiffany & Company Real Estate
Investment Insights
Based on property information with market context.
This offering includes a collision services business and its underlying commercial real estate. The real estate consists of approximately 21,675 square feet of commercial building space across three structures, situated on approximately 1.22 acres divided into 7 parcels zoned commercial. The property features multiple grade-level doors and a 0.22-acre vehicle storage lot. The business generates over $3 million in annual revenue across four divisions: collision, mechanical repair, towing, and a detailing shop currently under renovation. It has direct repair program (DRP) relationships with multiple major insurance carriers, and is an open shop for Farmers, Farm Bureau, Farmers Alliance, and USAA. The business has been family owned and operated for 70 years. The property is located in a high-traffic market. The facility has the capacity to paint 3 cars at once. The real estate and business are sold together as a complete package.
Key Highlights
- Established collision services business with real estate in a high‑traffic location.
- Turnkey operation with significant infrastructure and 70+ years of loyal clientele.
- Substantial real estate: ~21,675 SF of commercial building space across three structures on ~1.22 acres.
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
$321,527
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
7.15%
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%
$6,430,540
$6.4M
Cap Rate 7%
$4,593,243
$4.6M
Cap Rate 9%
$3,572,522
$3.6M
Market Conditions
NOI Build-Up for 21,675 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
$476.0K $21.96/SF
− Vacancy
−$16.7K −$0.77/SF
EGI
$459.3K $21.19/SF
− OpEx
−$137.8K −$6.36/SF
NOI
$321.5K $14.83/SF
Area
Twin Falls County, ID
Vacancy
3.50%
Lease Rate
$21.96 /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%
$6,430,540
Cap Rate 7%
$4,593,243
Cap Rate 9%
$3,572,522
Alternative Uses
Best Use
Retail
$4.59M
$4.02M – $5.36M
NOI $321,527 @ 7.0% cap · market cap 7.15%
Second Best
Industrial
$1.90M
$1.66M – $2.22M
NOI $133,139 @ 7.0% cap · market cap 2.96%
Theoretical Best
Specialty Retail
$4.97M
$4.35M – $5.80M
NOI $348,063 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,600
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 19%
Home Improvements & Furnishings 9%
Maverik Adventures First Stop
Shops & Services
7,311 visits/mo
0.4 miles
Sushiya
Dining
4,450 visits/mo
0.2 miles
Wills Toyota
Shops & Services
3,417 visits/mo
0.2 miles
U.S. Bank
Shops & Services
3,220 visits/mo
0.1 miles
Krengel's Hardware
Home Improvements & Furnishings
2,102 visits/mo
0.4 miles
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Otero Oil Co — 199 Blue Lakes Blvd S, Twin Falls, ID 83301
- Custom Auto Repair — 226 Locust St S, Twin Falls, ID 83301
- Mark's Super Tow — 1406 kimberly rd, twin falls, id 83301
- Twin Falls Automotive — 261 Locust St S, Twin Falls, ID 83301
- Doctor Faros — A, Twin Falls, ID 83301
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto services business with real estate for sale.
Where is this auto shop located?
The property is located at 203 Main Ave. E Twin Falls, ID.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Established collision services business with real estate in a high‑traffic location.; Turnkey operation with significant infrastructure and 70+ years of loyal clientele.; Substantial real estate: ~21,675 SF of commercial building space across three structures on ~1.22 acres.
