256 Dakota AveHayden, ID 83835

  • Auto shops
  • 5,606 SF
For Sale
$1,200,000 View listing

Property Details for 256 Dakota Ave

Year built
1974
Construction
METAL FRAME
Lot size
0.43 AC
Property size (Sq ft)
5,606 SF
Property type
Auto shops
APN
H045014081AB
APU
H045014081AB

Description

This exceptional commercial property in Hayden, Idaho, presents a unique investment opportunity. Strategically located with excellent visibility and convenient access from Highway 95 and Government Way via Dakota Avenue, the property encompasses approximately 18,730 square feet of commercially zoned land. The main structure is a single-level, 5,600 square foot building featuring a well-appointed office space, five service bays perfectly suited for various automotive or industrial uses, and one high-ceiling bay equipped with overhead doors. The property is being sold "as-is" following the removal of existing auto body shop equipment. However, there is an option to purchase additional equipment, including an updated paint booth with accessories, a frame machine with accessories, and a 2012 Freightliner tow truck for an additional $250,000. This presents a significant advantage for buyers seeking a turnkey operation or those looking to expand their existing business. The 0.43-acre lot offers ample space for expansion or future development, making this property an ideal choice for entrepreneurs and investors alike. The property's prime location and versatile building layout offer significant potential for a wide range of commercial ventures. The asking price for the property is $1,200,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,553,684
    6.5%
    $1,434,170
    7%
    $1,331,729
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,012,043
    Geo Method
    $3,012,043
  • Alternative Use

    Use
    Valuation
    Residential
    $1,209,776
    Hospitality
    $1,108,148
    Educational
    $921,966
    Medical
    $953,674
    Retail
    $1,434,170

Location Insight

City
Hayden
County
Kootenai
State
Idaho
Latitude
47.7623
Longitude
-116.79
CBSA code
17660
CBSA name
COEUR D'ALENE, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,185
$222,169
$191,575
$413,744
-
$222,169
$191,575
$413,744

FAQs

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