Industrial Property with Excess
1 Idea Way, Caldwell, ID 83605
For Sale
Contact for pricing
Pending
Multi-functional industrial building suitable for manufacturing, warehousing, and office use.
Property Size59,252 SF
Lot Size5.21 Acres
Days on Market771
Property Features for 1 Idea Way
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Investment Type
Building Details
Year Built
Buildings
Stories
Listing Agency:
CBRE - Boise
Listed By:
Scott Ketlinski · License ID SP54304
(208) 608-6300
Source:
Crexi
Added: Oct 1, 2024
Changed: Nov 8
Last Checked: Nov 8 at 9:02AM
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 CBRE - Boise
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property offers an expansive, multi-functional space suitable for manufacturing, warehousing, and office use. The building has a size of 59,252 square feet and is situated on a 5.21-acre site. The property is zoned M-1 (Light Industrial). The property is positioned with access to major highways and surrounding business hubs, making it suitable for operations requiring transport links. It is located at 1 Idea Way, Caldwell, ID 83605.
Key Highlights
- Rare owner‑user opportunity with excess land.
- Prime I‑84 visibility in the Caldwell Submarket.
- Expansive, multi‑functional +59,252 SF building suitable for manufacturing, warehousing, and office use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$504,312
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,086,240
$10.1M
Cap Rate 7%
$7,204,457
$7.2M
Cap Rate 9%
$5,603,467
$5.6M
Market Conditions
NOI Build-Up for 59,252 SF
Gross rent
$746.6K $12.60/SF
− Vacancy
−$26.1K −$0.44/SF
EGI
$720.4K $12.16/SF
− OpEx
−$216.1K −$3.65/SF
NOI
$504.3K $8.51/SF
Area
Canyon County, ID
Vacancy
3.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,086,240
Cap Rate 7%
$7,204,457
Cap Rate 9%
$5,603,467
Alternative Uses
Best Use
Warehouse
$8.75M
$7.65M – $10.21M
NOI $612,378 @ 7.0% cap · market cap 10.65%
Second Best
Industrial
$7.20M
$6.30M – $8.41M
NOI $504,312 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$15.78M
$13.81M – $18.41M
NOI $1,104,732 @ 7.0% cap · market cap 19.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 83605, ID
38,561
Population
14,197
Households
2.7
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
24.6 sq mi
ZIP Area
1,568
Density / Sq Mi
$60,657
Median Household Income
$31,806
Median Earnings
$973
Median Rent
$300,900
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
Frequently Asked Questions
What type of property is this?
Manufacturing property - Multi-functional industrial building suitable for manufacturing, warehousing, and office use.
Where is this manufacturing property located?
The property is located at 1 Idea Way Caldwell, ID.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Rare owner‑user opportunity with excess land.; Prime I‑84 visibility in the Caldwell Submarket.; Expansive, multi‑functional +59,252 SF building suitable for manufacturing, warehousing, and office use.
