Auto Repair and Parts
438 Hwy 55 Horseshoe Bend, ID 83629
For Sale
$1,350,000
Two-building automotive facility on a state highway with repair bays and included equipment for a ready-to-operate use.
Property Size4,164 SF
Price / SF$324.21
Days on Market53
Property Features for 438 Hwy 55
General Information
Standard status
Active
Size
4,164 SF
Property subtype
Commercial
Building Details
Year Built
1943
Listing Agency:
Keller Williams Realty Boise
(208) 402-8772
Listed By:
Johann Shindler
(208) 402-8772
Source:
Homesofidaho
Added: Jun 6
Changed: Jul 10
Last Checked: Jul 10 at 4:30AM
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 Boise
Investment Insights
Based on property information with market context.
This sale includes a turnkey automotive facility currently operating as an auto parts store, tire shop, and vehicle repair business. The main building contains approximately 2,964 square feet and features a customer waiting area, retail space, and a multiple-use automotive repair layout designed to support both parts sales and service operations.
A secondary shop adds approximately 1,200 square feet and is improved with two 14-foot overhead doors and one 10-foot overhead door, providing practical access for additional repair bays and space for equipment storage, fabrication, or fleet service operations.
Included with the sale are auto parts inventory and substantial service equipment, including a 10,000 lb. two-post lift, an alignment rack with a 6,000 lb. scissor lift, a 50-ton press, two 12,000 lb. post lifts, two tire machines, two wheel balancers, and 3-phase power plus a 3-phase air compressor. The property also includes available towing company assets and towing vehicles for an additional cost. The site is located along Idaho State Highway 55 in Horseshoe Bend, Idaho, with approximately 190 feet of highway frontage and visibility suited to automotive and retail service traffic.
A secondary shop adds approximately 1,200 square feet and is improved with two 14-foot overhead doors and one 10-foot overhead door, providing practical access for additional repair bays and space for equipment storage, fabrication, or fleet service operations.
Included with the sale are auto parts inventory and substantial service equipment, including a 10,000 lb. two-post lift, an alignment rack with a 6,000 lb. scissor lift, a 50-ton press, two 12,000 lb. post lifts, two tire machines, two wheel balancers, and 3-phase power plus a 3-phase air compressor. The property also includes available towing company assets and towing vehicles for an additional cost. The site is located along Idaho State Highway 55 in Horseshoe Bend, Idaho, with approximately 190 feet of highway frontage and visibility suited to automotive and retail service traffic.
Key Highlights
- Two commercial buildings totaling 4,164 SF on 0.43‑acre lot with paved road access along Idaho State Highway 55
- Approx. 190' of highway frontage and paved outside area
- Main building includes customer waiting area, retail space, and automotive repair shop (2,964 SF)
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.0k | $18.00 |
| − Vacancy | −$3.7k | −$0.90 |
| EGI | $71.2k | $17.10 |
| − OpEx | −$21.4k | −$5.13 |
| NOI | $49.8k | $11.97 |
4,164 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$712.0K
$623.0K – $830.7K
NOI $49,843 @ 7.0% cap · market cap 3.69%
Second Best
Industrial
$511.2K
$447.3K – $596.4K
NOI $35,782 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$1.05M
$921.7K – $1.23M
NOI $73,733 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- The Parts Store Tires & Repair — 438 ID-55, Horseshoe Bend, ID 83629
Frequently Asked Questions
What type of property is this?
Auto shop - Two-building automotive facility on a state highway with repair bays and included equipment for a ready-to-operate use.
Where is this auto shop located?
The property is located at 438 Hwy 55 Horseshoe Bend, ID.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two commercial buildings totaling 4,164 SF on 0.43‑acre lot with paved road access along Idaho State Highway 55; Approx. 190' of highway frontage and paved outside area; Main building includes customer waiting area, retail space, and automotive repair shop (2,964 SF)
