Industrial Property with Freeway
For Sale
Contact for pricing
3270 N Black Butte Ct, Nampa, ID
Industrial property featuring freeway visibility, large yards, and convenient location.
Property Size5,400 SF
Lot Size0.48 Acres
Price / SF$270.37
Days on Market579
Property Features for 3270 N Black Butte Ct
General Information
Standard status
Active
Size
5,400 SF
Lot size
0.48 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers International Nampa
(208) 472-1663
Listed By:
Bryant Jones · License #SP31196
(208) 472-1663
Source:
Moodyscre
Added: Jan 10, 2025
Changed: Aug 8
Last Checked: Aug 11 at 9:35AM
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 Colliers International Nampa
Investment Insights
Based on property information with market context.
This industrial property offers freeway visibility and is located off Middleton Road and Caldwell Boulevard. The property features two restrooms and large yards. Situated in an industrial hub, it is close to retail areas and the freeway. The building contains 5,400 square feet.
Key Highlights
- Freeway Visibility offers excellent exposure.
- Location off Middleton Road/Caldwell Boulevard for easy access.
- Located in Industrial Hub.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,347
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,126,940
$1.1M
Cap Rate 7%
$804,957
$805.0K
Cap Rate 9%
$626,078
$626.1K
Market Conditions
NOI Build-Up for 5,400 SF
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.
Gross rent
$71.3K $13.20/SF
− Vacancy
−$5.0K −$0.92/SF
EGI
$66.3K $12.28/SF
− OpEx
−$9.9K −$1.84/SF
NOI
$56.3K $10.43/SF
Area
Nampa, ID
Vacancy
7.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,126,940
Cap Rate 7%
$804,957
Cap Rate 9%
$626,078
Alternative Uses
Best Use
Warehouse
$805.0K
$704.3K – $939.1K
NOI $56,347 @ 7.0% cap · market cap 3.86%
Second Best
Industrial
$662.9K
$580.0K – $773.4K
NOI $46,403 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$1.37M
$1.20M – $1.59M
NOI $95,619 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Idaho Storage Connection USave - Nampa Storage Units — 2316 W Hemingway Blvd, Nampa, ID 83651
- Karcher Boat and RV Storage — 2221 Caldwell Blvd, Nampa, ID 83651
- UNITS Moving and Portable Storage — 1410 W Karcher Rd, Nampa, ID 83651
- Rosemary Handley Nelson, REALTOR® — 2400 Sundance Rd, Nampa, ID 83651
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property featuring freeway visibility, large yards, and convenient location.
Where is this warehouse located?
The property is located at 3270 N Black Butte Ct Nampa, ID.
What is the asking price?
The asking price for this property is $1,460,000.
What are key features of this property?
This property features: Freeway Visibility offers excellent exposure.; Location off Middleton Road/Caldwell Boulevard for easy access.; Located in Industrial Hub.
