Auto Shop with Three
For Sale
$699,000
7 N Hwy 91, Downey, ID 83234
COMMERCIAL - Downey, ID
Property Size2,880 SF
Lot Size3.32 Acres
Price / SF$242.71
Days on Market171
Property Features for 7 N Hwy 91
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Zoning: Commercial, Specific Zoning: Bannock-Commercial General
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
40
Parking features
Off Street, Parking Lot
Directions
Off Hwy 91 just heading into Downey.
Standard status
Active
APN
RPRDATD000100
Size
2,880 SF
Lot size
3.32 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
S34-T11S-R37E LOT 3 2.70 AC (0.50 AC HWY) ACREAGE TRACTS IN DOWNEY
Tax Annual Amount
2837
Legal Description
S34-T11S-R37E LOT 3 2.70 AC (0.50 AC HWY) ACREAGE TRACTS IN DOWNEY
Utilities
Sewer type
Public Sewer
Heating system
Oil
Water source
Public
Amenities
storage units
carport
shed
reefer
Building Details
Year built
1956
Building materials
Block, Block
Roof type
Membrane
Listing Agency:
AMP Realty
(208) 757-9538
Listed By:
Angela Palmer · License #DB41868
(208) 757-9538
Added: Feb 27
Changed: Aug 4
Last Checked: Aug 17 at 11:06AM
MLS# 2182250
Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turn-key auto repair and towing business opportunity including an 80' x 36' repair shop with 3 bays and included equipment lifts, tools (including specialty snap-on tools), and parts inventory. The property sits on 3.32 acres and includes storage for 14 storage units, plus smaller storage areas on the west side of the storage building, with most units rented.
The business also includes a 30' x 36' shop with two 10' garage doors, housing 2 tow trucks, along with an additional flat bed truck. Additional storage improvements include a reefer for additional storage and a shed. Parking includes a parking lot and off-street parking, and there is 1 carport plus an additional carport used for a display for an EMB building distribution that a new owner can operate.
The operation functions as an Interstate battery distributor (battery inventory not owned) and distributes Air Gas Oxygen and Acetylene. Construction materials include block, with oil heating and a membrane roof. Built in 1956, the business is being sold by an owner retiring after 40 years.
The business also includes a 30' x 36' shop with two 10' garage doors, housing 2 tow trucks, along with an additional flat bed truck. Additional storage improvements include a reefer for additional storage and a shed. Parking includes a parking lot and off-street parking, and there is 1 carport plus an additional carport used for a display for an EMB building distribution that a new owner can operate.
The operation functions as an Interstate battery distributor (battery inventory not owned) and distributes Air Gas Oxygen and Acetylene. Construction materials include block, with oil heating and a membrane roof. Built in 1956, the business is being sold by an owner retiring after 40 years.
Key Highlights
- 80' x 36' repair shop with 3 bays and included lifts, tools, and parts inventory
- 3.32‑acre site with 14 storage units and additional smaller west‑side storage
- Includes 30' x 36' shop with 2 tow trucks and two 10' garage doors
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
$25,414
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
3.64%
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%
$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
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
$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 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%
$508,280
Cap Rate 7%
$363,057
Cap Rate 9%
$282,378
Alternative Uses
Best Use
Retail
$363.1K
$317.7K – $423.6K
NOI $25,414 @ 7.0% cap · market cap 3.64%
Second Best
Self Storage
$341.1K
$298.5K – $398.0K
NOI $23,878 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$477.2K
$417.6K – $556.8K
NOI $33,406 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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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 - Turn-key repair and towing operation on 3.32 acres with multiple storage options and equipment included.
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: 80' x 36' repair shop with 3 bays and included lifts, tools, and parts inventory; 3.32‑acre site with 14 storage units and additional smaller west‑side storage; Includes 30' x 36' shop with 2 tow trucks and two 10' garage doors
