1120 12th Ave S, Nampa, ID 83651

Building Details

Year Built 1915 More

Buildings 1 More

Units 1 More

Building Size 2,228 SF More

Listing Agency: Stark Accelerators Commercial Real Estate

Listed By: Ken Stark · License ID DB49181 Show Phone

Source: Crexi

Added: Jul 31 Changed: Nov 13 Last Checked: Nov 12 at 5:00AM

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Investment Insights

Based on property information with market context.

This Nampa retail property contains 2,228 square feet across a 1,748-square-foot main level and a 480-square-foot basement. Built in 1915, the building includes parking at both the front and rear, along with a billboard and monument sign. Business Commercial zoning is in place.

The property sits along a major north-south arterial with reported daily traffic of 22,660 drivers. Mature trees, a rear patio, and an alley add exterior features and alternate access around the building. The surrounding commercial setting includes grocery stores, national tenants, and smaller local businesses, placing the property among a range of established retail and service-oriented uses.

Key Highlights

• 2,228 SF building with 1,748 SF main level and 480 SF basement
• Billboard and monument sign positioned along a major arterial
• Reported daily traffic of 22,660 drivers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$28,775

Cap Rate

8.22%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$575,500 $575.5K

Cap Rate 7%

$411,071 $411.1K

Cap Rate 9%

$319,722 $319.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,228 SF

Gross rent

$46.8K $21.00/SF

− Vacancy

−$8.4K −$3.78/SF

EGI

$38.4K $17.22/SF

− OpEx

−$9.6K −$4.31/SF

NOI

$28.8K $12.92/SF

Area

Nampa, ID

Vacancy

18.00%

Lease Rate

$21.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$575,500

Cap Rate 7%

$411,071

Cap Rate 9%

$319,722

Alternative Uses

Best Use

Office B

$411.1K

$359.7K – $479.6K (±1% cap)

NOI $28,775 @ 7.0% cap · market cap 8.22%

Second Best

Retail

$381.0K

$333.4K – $444.5K (±1% cap)

NOI $26,669 @ 7.0% cap · market cap 7.62%

Theoretical Best

Office A

$563.6K

$493.2K – $657.5K (±1% cap)

NOI $39,452 @ 7.0% cap · market cap 11.27%

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

Retail space

Suggested Use

Top Pick Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22,660 VPD

Traffic count

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

986

Businesses Nearby

Explore this area Business Placement

Demographics for 83651, ID

34,509

Population

14,031

Households

2.5

Avg Household Size

35

Median Age

22%

College-Educated

86%

High-School Grad

15.9 sq mi

ZIP Area

2,170

Density / Sq Mi

$66,895

Median Household Income

$34,770

Median Earnings

$1,334

Median Rent

$312,500

Median Home Value

Market

Average Price Trend$/SF for Retail space in Canyon County, ID

$276 Jul

$279 Aug

$280 Sep

$251 Oct

Properties on Market for Retail space in Canyon County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Business Commercial zoning, on-site parking, and a patio complement this visible retail property on a major Nampa arterial.

Where is this retail space located?

The property is located at 1120 12th Ave S Nampa, ID.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: 2,228 SF building with 1,748 SF main level and 480 SF basement; Billboard and monument sign positioned along a major arterial; Reported daily traffic of 22,660 drivers