Office Complex with Vacant
1207- 1211 Kimball Caldwell, ID 83605
For Sale
$1,200,000
Two commercial office buildings and an adjoining vacant lot are offered together, with buyer to verify permitted uses.
Property Size3,300 SF
Price / SF$363.64
Days on Market31
Property Features for 1207- 1211 Kimball
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Commercial
Building Details
Year Built
1979
Listing Agency:
Silvercreek Realty Group
(208) 880-1673
Listed By:
Stephanie Rohrdanz · License #26674
(208) 880-1673
Source:
Thgboise
Added: Jun 30
Changed: Jul 27
Last Checked: Jul 29 at 5:35AM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This offering includes two commercial office buildings plus an adjoining vacant lot, all sold together as one package. The property is presented as a versatile office complex, allowing for use of one building and potential rental use of the other. The adjoining vacant lot adds flexibility for future expansion, new construction, or additional parking, and the listing notes that permitted uses are for the buyer to verify.
The property is described as being located in Caldwell, just minutes from downtown, with convenient access to major businesses and the freeway. The configuration and shared offering are intended to support both owner-user occupancy and investment use, depending on how the buildings and lot are planned.
The property is described as being located in Caldwell, just minutes from downtown, with convenient access to major businesses and the freeway. The configuration and shared offering are intended to support both owner-user occupancy and investment use, depending on how the buildings and lot are planned.
Key Highlights
- Two commercial office buildings (Year built: 1979) plus an adjoining vacant lot are offered together.
- Adjoining vacant lot adds flexibility for future expansion, new construction, or added parking (buyer to verify permitted uses).
- Setup supports owner‑user use in one building while leasing the other, or leasing both buildings.
Financial Insights For Office B
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 | $69.3k | $21.00 |
| − Vacancy | −$8.3k | −$2.52 |
| EGI | $61.0k | $18.48 |
| − OpEx | −$15.2k | −$4.62 |
| NOI | $45.7k | $13.86 |
3,300 SF · lease $21.00/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$653.4K
$571.7K – $762.3K
NOI $45,738 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$879.0K
$769.1K – $1.03M
NOI $61,527 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two commercial office buildings and an adjoining vacant lot are offered together, with buyer to verify permitted uses.
Where is this office building located?
The property is located at 1207- 1211 Kimball Caldwell, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two commercial office buildings (Year built: 1979) plus an adjoining vacant lot are offered together.; Adjoining vacant lot adds flexibility for future expansion, new construction, or added parking (buyer to verify permitted uses).; Setup supports owner‑user use in one building while leasing the other, or leasing both buildings.
