Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1605 Main St Caldwell, ID 83605

    Sponsored
    For Sale
    $139,000

    Unimproved Land - Caldwell, ID

    Type:Unimproved Land
    Lot size:
    0.23 Acres
    Days on Market:
    42
    Last Refresh:
    Jan 25 at 4:06 am

    Property Features for 1605 Main St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    TBD upon split
    Lot size
    0.23 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Carl Anderson

    Patti Syme (208) 573-9300

    Listing agent Carl Anderson (208) 573-9300

    Listing date Dec 15, 2025

    MLS# 98930682 Listing URL

    Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land Parcel in Caldwell, ID

    This is an opportunity to build on a 10,000 sqft lot on Indian Creek in Caldwell. The lot is currently part of 1601 Main and is planned to be split into a 100' x 102' (.23 acres) parcel. City services are available on the property, including sewer and water. There is a possible duplex opportunity. The current tax and legal exhibit A is for the entire property; new legal and tax information is to be determined upon the split.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.6691
    Latitude
    43.6587

    Nearby Similar for Sale

    • $850,000
      4,205 SF

      Renovated Home Near College of Idaho

      Fully renovated 7-bedroom home near College of Idaho.
      2220 S Indiana Ave, Caldwell, ID 83605
      View Details
    • $6,631,000
      30,400 SF

      New Caldwell Townhome Community

      New townhome community near Indian Creek Plaza with modern amenities.
      2908 Bandit Ln, Caldwell, ID 83605
      View Details
    • $1,375,000
      5,540 SF

      Caldwell Commercial Building with Warehouse

      Remodeled Caldwell commercial building featuring offices, warehouse, and ample parking.
      105 N 5Th Ave, Caldwell, ID 83605
      View Details
    • $837,000
      2,850 SF

      Renovated Triplex in Caldwell, ID

      Fully renovated triplex with modern finishes and strong rental potential.
      2105 Airport Ave, Caldwell, ID 83605
      View Details
    • $837,000
      2,850 SF

      Renovated Triplex with Modern Finishes

      Fully renovated triplex with strong rental potential in Caldwell, ID.
      2105 Airport Ave, Caldwell, ID 83605
      View Details
    • $698,000
      3,282 SF

      New Caldwell Duplex Near Plaza

      New two-unit townhome near Indian Creek Plaza with modern amenities.
      2908 Bandit Ln, Caldwell, ID 83605
      View Details
    • $524,900
      1,844 SF

      Remodeled Single-Level Home with Pool

      Remodeled single-level home with pool, RV parking, and no HOA.
      13712 Jarett St, Caldwell, ID 83607
      View Details
    • $478,000
      Pending

      Renovated Farmhouse-Style Home Near Downtown

      Charming, renovated 3-bedroom home near downtown Caldwell, ideal for Airbnb.
      1510 Parker Ave, Caldwell, ID 83605
      View Details
    • $500,000
      Pending

      Caldwell Duplex: Airbnb Investment

      Well-maintained duplex in central location, ideal for Airbnb rentals.
      4802-4804 Maid Jessica St, Caldwell, ID 83607
      View Details
    • $389,999
      1,475 SF

      Downtown Caldwell Commercial Corner Property

      Prime corner location in downtown Caldwell with high visibility.
      1123 Blaine St, Caldwell, ID 83605
      View Details
    • $469,900
      2,100 SF

      Caldwell Home with Spacious Layout

      Spacious 4-bedroom home with modern finishes and large backyard.
      13472 Deodar St, Caldwell, ID 83607
      View Details
    • $985,000
      10.02 Acres

      Organic Orchard with Shop & Views

      Rare 10-acre organic orchard with water rights and shop.
      27260 Hop Rd, Caldwell, ID 83607
      View Details

    FAQs

    What type of property is this?
    Land - 10,000 sqft lot on Indian Creek, Caldwell. City services available.
    Where is this land located?
    The property is located at 1605 Main St Caldwell, ID.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: - Large 10,000 sqft lot on Indian Creek; - City sewer and water services available on the property; - Waterfront location
    (208) 573-9300
    Request Owner's contact information
    1605 Main St Caldwell, ID 83605
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1605 Main St
    Caldwell, ID 83605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1605 Main St Caldwell, ID 83605
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carl Anderson
    (208) 573-9300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.