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Auto Repair Shop with Storage Units
For Sale
$699,000

7 N Hwy 91, Downey, ID 83234

Operating repair and towing business with equipment, storage units, and multiple established income sources.

Property Size2,880 SF
Lot Size3.32 Acres
Price / SF$242.71
Days on Market85

Property Features for 7 N Hwy 91

General Information

Standard status Active
Size 2,880 SF
Lot size 3.32 Acres

Additional Details

Business Included Yes
Drive-In Doors 2
Service Bays 3

Amenities

storage units
carport
shed
reefer

Building Details

Year Built 1956
Listing Agency: AMP Realty
Listed By: Angela Palmer · License #DB41868
Source: Noplacelikeidaho
Added: Jul 23 Changed: Oct 13 Last Checked: Oct 7 at 2:51PM

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 AMP Realty

Investment Insights

Based on property information with market context.

The property includes an established automotive repair and towing operation on 3.32 acres. The primary repair building measures 80' x 36' and has three service bays, lifts, specialty tools, general equipment, and parts inventory. A separate 30' x 36' shop contains two 1994 tow trucks and has two 10' garage doors. The sale also includes a flatbed truck, reefer, shed, and one carport.

Storage components include 14 storage units along with additional smaller units on the west side of the storage building; most of the units are rented. The operation also includes towing, vehicle repairs, sales, storage rentals, and distribution activities involving Interstate batteries and Air Gas oxygen and acetylene. Battery inventory is not owned. The property is located at 7 N Hwy 91 in Downey, Idaho, and was built in 1956.

Key Highlights

  • 3.32‑acre property at 7 N Hwy 91, Downey, ID 83234
  • 80' x 36' repair shop with 3 service bays
  • 14 storage units plus additional smaller storage spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,414
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,280 $508.3K
Cap Rate 7%
$363,057 $363.1K
Cap Rate 9%
$282,378 $282.4K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$38.0K $13.20/SF
− Vacancy
−$1.7K −$0.59/SF
EGI
$36.3K $12.61/SF
− OpEx
−$10.9K −$3.78/SF
NOI
$25.4K $8.82/SF
Area
Bannock County, ID
Vacancy
4.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,280
Cap Rate 7%
$363,057
Cap Rate 9%
$282,378

Alternative Uses

Best Use
Retail
$363.1K
$317.7K – $423.6K (±1% cap)
NOI $25,414 @ 7.0% cap · market cap 3.64%
Second Best
Self Storage
$341.1K
$298.5K – $398.0K (±1% cap)
NOI $23,878 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$477.2K
$417.6K – $556.8K (±1% cap)
NOI $33,406 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Spa & Massage Center Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
3
Service bays
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby
Well-served
Demand for This Use

Demographics for 83234, ID

1,127
Population
556
Households
2
Avg Household Size
44
Median Age
17%
College-Educated
90%
High-School Grad
270.2 sq mi
ZIP Area
4
Density / Sq Mi
$66,154
Median Household Income
$30,025
Median Earnings
$927
Median Rent
$216,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Doug's Repair Service — 9 US-91, Downey, ID 83234

Frequently Asked Questions

What type of property is this?
Auto shop - Operating repair and towing business with equipment, storage units, and multiple established income sources.
Where is this auto shop located?
The property is located at 7 N Hwy 91 Downey, ID.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3.32‑acre property at 7 N Hwy 91, Downey, ID 83234; 80' x 36' repair shop with 3 service bays; 14 storage units plus additional smaller storage spaces
More about this property
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