Mixed-Use Property with
For Sale
$575,000
1216 7th St. S, Nampa, ID 83651
Commercial Sale, Nampa, ID
Property Size2,011 SF
Lot Size0.07 Acres
Price / SF$285.93
Days on Market67
Property Features for 1216 7th St. S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
BC
Lot features
Sm Lot 5999 S F
Directions
From 12th Ave and 7th St. South, east on 7th until location
Standard status
Active
APN
15456000
Size
2,011 SF
Lot size
0.07 Acres
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Building Details
Year built
1937
Flooring type
Wood
Building materials
Stucco
Roof type
Metal
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
Robert Becker · License #SP30057
(208) 860-5271
Added: Jun 20
Changed: Aug 25
Last Checked: Aug 25 at 6:06PM
MLS# 98991111
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,011-square-foot mixed-use property occupies a 0.07-acre site and combines professional office space with a lower-level residential component. The office area includes three private offices, a reception and lobby area, and five paved on-site parking spaces. The apartment provides one bedroom and one bathroom, creating an additional component within the building.
The property is located in Nampa near national retail businesses and next to a shopping center, with access positioned for customer and client convenience. Constructed in 1937, the building features stucco construction, wood flooring, a metal roof, natural gas forced-air heating, and central air conditioning. Natural gas is available at the property.
The property is located in Nampa near national retail businesses and next to a shopping center, with access positioned for customer and client convenience. Constructed in 1937, the building features stucco construction, wood flooring, a metal roof, natural gas forced-air heating, and central air conditioning. Natural gas is available at the property.
Key Highlights
- 2,011‑square‑foot mixed‑use building on a 0.07‑acre site
- Three private offices with reception and lobby space
- One‑bedroom, one‑bathroom apartment on the lower level
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
$25,972
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
4.52%
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%
$519,440
$519.4K
Cap Rate 7%
$371,029
$371.0K
Cap Rate 9%
$288,578
$288.6K
Market Conditions
NOI Build-Up for 2,011 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
$42.2K $21.00/SF
− Vacancy
−$7.6K −$3.78/SF
EGI
$34.6K $17.22/SF
− OpEx
−$8.7K −$4.31/SF
NOI
$26.0K $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 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%
$519,440
Cap Rate 7%
$371,029
Cap Rate 9%
$288,578
Alternative Uses
Best Use
Office B
$371.0K
$324.7K – $432.9K
NOI $25,972 @ 7.0% cap · market cap 4.52%
Second Best
Mixed Use
$356.8K
$312.2K – $416.3K
NOI $24,977 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$508.7K
$445.1K – $593.5K
NOI $35,609 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,485
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Office layout with private workrooms, a reception area, paved parking, and a separate lower-level apartment.
Where is this mixed-use property located?
The property is located at 1216 7th St. S Nampa, ID.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,011‑square‑foot mixed‑use building on a 0.07‑acre site; Three private offices with reception and lobby space; One‑bedroom, one‑bathroom apartment on the lower level
