Automotive Repair Building with
For Sale
$1,250,000
256 Dakota, Hayden, ID 83835
Automotive repair building on Highway 95 with an available leaseback for an operating body shop tenant.
Property Size5,606 SF
Price / SF$222.98
Days on Market50
Property Features for 256 Dakota
General Information
Standard status
Active
Size
5,606 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,454
Amenities
Garage: Paved
1.00
Paved
Building Details
Year Built
1974
Listing Agency:
Keller Williams Realty Coeur d'Alene
(208) 651-9699
Listed By:
Rick Scharf · License #SP41007
Source:
Clearwaterproperties
Added: Jul 4
Changed: Aug 22
Last Checked: Aug 21 at 10:41AM
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 Keller Williams Realty Coeur d'Alene
Investment Insights
Based on property information with market context.
This for-sale automotive repair property includes the land and building only. The current operation, Rocky's Body Shop, is willing to remain in place and enter into a lease-back arrangement with the new owner, creating continuity for the incoming buyer while the business remains on-site. The offering is positioned for investors and owner-operators looking to control the real estate while maintaining an existing automotive use.
Located at 256 W Dakota Ave in Hayden, the property sits directly along Highway 95, a high-visibility traffic corridor. The site benefits from straightforward roadside exposure associated with a main thoroughfare, which can be important for automotive services that rely on pass-by and local access.
For tenants and operators, the asset’s configuration as an automotive repair location may support hands-on service requirements within a built environment already suited to the trade. For buyers, the lease-back framework with the existing body shop provides an immediate path to occupancy upon transfer, while keeping the scope of the sale limited to real estate only, with the business excluded from the purchase.
Located at 256 W Dakota Ave in Hayden, the property sits directly along Highway 95, a high-visibility traffic corridor. The site benefits from straightforward roadside exposure associated with a main thoroughfare, which can be important for automotive services that rely on pass-by and local access.
For tenants and operators, the asset’s configuration as an automotive repair location may support hands-on service requirements within a built environment already suited to the trade. For buyers, the lease-back framework with the existing body shop provides an immediate path to occupancy upon transfer, while keeping the scope of the sale limited to real estate only, with the business excluded from the purchase.
Key Highlights
- Commercial property with high visibility directly along Highway 95 in Hayden, one of North Idaho’s busiest traffic corridors
- Rocky’s Body Shop is willing to remain and lease back from the new owner, providing an immediate built‑in income stream
- Automotive repair building on Highway 95; sale includes the land and building (business not included)
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
$56,508
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
4.52%
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%
$1,130,160
$1.1M
Cap Rate 7%
$807,257
$807.3K
Cap Rate 9%
$627,867
$627.9K
Market Conditions
NOI Build-Up for 5,606 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
$84.1K $15.00/SF
− Vacancy
−$3.4K −$0.60/SF
EGI
$80.7K $14.40/SF
− OpEx
−$24.2K −$4.32/SF
NOI
$56.5K $10.08/SF
Area
Kootenai County, ID
Vacancy
4.00%
Lease Rate
$15.00 /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%
$1,130,160
Cap Rate 7%
$807,257
Cap Rate 9%
$627,867
Alternative Uses
Best Use
Retail
$807.3K
$706.4K – $941.8K
NOI $56,508 @ 7.0% cap · market cap 4.52%
Second Best
Industrial
$478.3K
$418.5K – $558.0K
NOI $33,481 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,126 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
65k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 27%
Home Improvements & Furnishings 9%
Electronics 3%
Maverik Adventures First Stop
Shops & Services
16,039 visits/mo
0.2 miles
KFC
Dining
13,231 visits/mo
0.4 miles
Exxon
Shops & Services
10,286 visits/mo
0.2 miles
Wells Fargo
Shops & Services
6,159 visits/mo
0.2 miles
Hayden Ace Hardware
Home Improvements & Furnishings
5,655 visits/mo
0.3 miles
Demographics for 83835, ID
23,157
Population
10,110
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
95%
High-School Grad
99.4 sq mi
ZIP Area
233
Density / Sq Mi
$86,014
Median Household Income
$43,925
Median Earnings
$1,688
Median Rent
$502,400
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.
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- Shortstop Lube Center — 8895 N Commerce Dr, Hayden, ID 83835
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive repair building on Highway 95 with an available leaseback for an operating body shop tenant.
Where is this auto shop located?
The property is located at 256 Dakota Hayden, ID.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Commercial property with high visibility directly along Highway 95 in Hayden, one of North Idaho’s busiest traffic corridors; Rocky’s Body Shop is willing to remain and lease back from the new owner, providing an immediate built‑in income stream; Automotive repair building on Highway 95; sale includes the land and building (business not included)
