Add Listing
    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

    3126 E Victory Rd, Unit - Phase One Nampa, ID 83687

    View on Map
    Sponsored
    For Sale
    $33,961,286

    MULTI_FAMILY - Nampa, ID

    Type:Apartment
    Property size:
    1,115,284 SF
    Lot size:
    14.16 Acres
    Days on Market:
    16
    Last Refresh:
    Mar 9 at 7:06 pm

    Property Features for 3126 E Victory Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Property condition
    Under Construction
    Standard status
    Active
    APN
    R3174700000
    Parking
    578
    Appliances
    Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units)
    Size
    1,115,284 SF
    Lot size
    14.16 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Number of units
    120
    Building materials
    Frame, Vinyl Siding

    We can help!

    Listing Contact
    Tricia Callies
    Tricia Callies

    Keller Williams Realty Boise (208) 672-9000

    Listing agent Tricia Callies (208) 412-4771 License #AB18477

    Listing date Feb 21, 2026

    MLS# 98957291 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

    New Apartment Complex in Nampa

    A new 120-unit apartment complex is planned for construction starting in April 2026. The property is located at the intersection of Victory and Kings Roads in Nampa, Idaho, near the College of Western Idaho and a retail center. The complex is designed with modern living in mind, featuring state-of-the-art amenities, spacious floor plans, and high-quality finishes. Residents will have access to a fitness center, community lounge, outdoor recreational areas, and ample parking. The property is situated on a 14.16-acre lot. The property is 1115284 square feet. This location is intended to provide a lifestyle of convenience and comfort within a vibrant community experiencing robust economic growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.531411
    Latitude
    43.57774

    Nearby Similar for Sale

    • New
      $498,000
      Pending

      Income Producing Duplex Near NNU

      Income-producing duplex near NNU, ideal for investors or owner-occupants.
      1015 S Ivy St, Nampa, ID 83686
      View Details
    • $399,000
      Pending

      Nampa Duplex Investment Opportunity

      Single-level duplex near NNU, fully rented, great investment property.
      812 E Sherman Ave, Nampa, ID 83686
      View Details
    • $490,000
      2,316 SF

      Nampa Turnkey Investment Triplex

      Well-maintained triplex near university, shopping, and recreation.
      607 S Powerline Rd, Nampa, ID 83686
      View Details
    • New
      $405,000
      1,884 SF

      Nampa Duplex: Income Potential

      Well-maintained duplex near downtown Nampa with immediate income potential.
      116 22Nd Ave S, Nampa, ID 83651
      View Details
    • $830,000
      3,720 SF

      Nampa Fourplex Investment Opportunity

      Well-maintained Nampa fourplex near amenities, offering steady income.
      16921 N Pamela Loop, Nampa, ID 83651
      View Details
    • $2,000,000
      Pending

      80-Acre Farm Near Nampa

      80-acre farm with development potential near Nampa, Idaho.
      10909 Missouri Ave, Nampa, ID 83686
      View Details
    • $2,000,000
      Pending

      80-Acre Farm Near Nampa

      80-acre farm near Nampa with development potential.
      10909 Missouri Ave, Nampa, ID 83686
      View Details
    • $675,000
      2,928 SF

      Nampa Fourplex Near NNU

      Fourplex near Northwest Nazarene University with income potential.
      412 15Th Ave S, Nampa, ID 83651
      View Details
    • New
      $550,000
      2,764 SF

      Nampa Multi-Generational Home with Income

      Remodeled home with ADU on large lot, income potential.
      7694 Birch Ln, Nampa, ID 83687
      View Details
    • $850,000
      3,800 SF

      Nampa Multifamily Investment Opportunity

      Four-unit multifamily property near schools, shopping, and freeway access.
      11063 W Brassy Cove Loop, Nampa, ID 83651
      View Details
    • $6,611,427
      20,796 SF

      Nampa Multifamily Investment Opportunity

      24-unit apartment building in a vibrant Nampa complex.
      3126 Units, Nampa, ID 83687
      View Details
    • $370,000
      1,225 SF

      Nampa Office/Retail Condos For Sale

      Office/retail condos in thriving Nampa development, customizable and scalable.
      3770-3788 E Amity Ave, Nampa, ID 83687
      View Details

    FAQs

    What type of property is this?
    Apartment building - 120-unit apartment complex near College of Western Idaho.
    Where is this apartment building located?
    The property is located at 3126 E Victory Rd, Unit - Phase One Nampa, ID.
    What is the asking price?
    The asking price for this property is $33,961,286.
    What are key features of this property?
    This property features: - Brand-new 120-unit apartment complex.; - Prime location near College of Western Idaho and retail center.; - Construction begins April 2026.
    (208) 672-9000
    Request Owner's contact information
    3126 E Victory Rd, Unit - Phase One Nampa, ID 83687
    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.
    3126 E Victory Rd, Unit - Phase One
    Nampa, ID 83687
    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
    3126 E Victory Rd, Unit - Phase One Nampa, ID 83687
    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
    Tricia Callies
    Tricia Callies
    Real Estate License ID: AB18477
    (208) 672-9000 (208) 475-1313 (208) 331-9776
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!