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    New Industrial Building For Sale Title is generated by Realmo AI

    203 Hannibal Street, Caldwell, ID 83605

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    For Sale
    $945,000

    New industrial building, 4,624 SF, completion October 2024.

    Property size:
    4,624 SF
    Price / SF:
    $204/SF
    Added:
    Aug 12, 2024
    Days on Market:
    672
    Last Refresh:
    May 12 at 8:47 pm

    Property Features for 203 Hannibal Street

    General Information

    Standard status
    Active
    Size
    4,624 SF
    Property subtype
    Other

    Building Details

    Year Built
    2024

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    Listing Contact
    Coldwell Banker Tomlinson

    Listing agent Coldwell Banker Tomlinson

    Listing office

    Listing date Aug 12, 2024

    Source Xome

    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 Coldwell Banker Tomlinson

    HighLights

    • New construction completed in October 2024
    • 4,624 SF single tenant industrial building
    • Clear span warehouse with 20' center height
    • 3‑phase power with 200 amps
    • Includes office and restroom
    • 12' x 12' roll‑up door

    Overview

    A new 4,624 square foot single-tenant industrial building is currently under construction, with an anticipated completion date in October 2024. The warehouse area features a clear span design with a height of 20 feet at the center. Access is provided by one 12' x 12' roll-up door. The space includes one office and one restroom. The building is equipped with 3-phase power at 200 amps. This property is suitable for investment or owner-user occupancy.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $58.3k $12.60
    − Vacancy −$2.0k −$0.44
    EGI $56.2k $12.16
    − OpEx −$8.4k −$1.82
    NOI $47.8k $10.34
    4,624 SF · lease $12.60/SF/yr · vacancy 3.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $682.7K
    $597.4K – $796.5K (±1% cap)
    NOI $47,790 @ 7.0% cap · market cap 5.06%
    Second Best
    Industrial
    $562.2K
    $492.0K – $655.9K (±1% cap)
    NOI $39,356 @ 7.0% cap · market cap 4.16%
    Theoretical Best
    Office A
    $1.23M
    $1.08M – $1.44M (±1% cap)
    NOI $86,213 @ 7.0% cap · market cap 9.12%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Classic Storage — Evans St, Caldwell, ID 83605
    • At Your Site Storage Idaho — 122 Riverwood Dr, Caldwell, ID 83604

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.684911
    Latitude
    43.676121

    FAQs

    What type of property is this?
    Warehouse - New industrial building, 4,624 SF, completion October 2024.
    Where is this warehouse located?
    The property is located at 203 Hannibal Street Caldwell, ID.
    What is the asking price?
    The asking price for this property is $945,000.
    What are key features of this property?
    This property features: New construction completed in October 2024; 4,624 SF single tenant industrial building; Clear span warehouse with 20' center height
    More about this property
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