Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    325 Chicago St Nampa, ID 83686

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1.51 acre corner lot near downtown Nampa and I-84.

    Lot size:
    1.51 Acres

    Property Features for 325 Chicago St

    General Information

    Lot size
    1.51 Acres

    We can help!

    Listing Contact
    Steve Foster
    Steve Foster
    Source: Moodyscre

    Listing Agency: Colliers International Idaho - Boise Listing Agent: Steve Foster

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Corner Lot Ready for Development

    This 1.51-acre corner lot offers high visibility and is shovel-ready for development. Fully designed and engineered plans for an 8,200 square foot industrial building with a yard are available. The property is zoned IL and is located close to downtown Nampa and I-84.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.543394
    Latitude
    43.5658172

    Nearby Similar for Lease

    • $1,572 /Mo

      Prime Retail/Office Space Available

      High-visibility retail or office space in a busy commercial hub.
      2205 N Cassia St, Nampa, ID 83651
      View Details
    • $17 SF/Yr
      7,000 SF

      Retail Space For Lease

      Retail spaces available for lease with excellent frontage.
      122 13Th Ave S, Nampa, ID 83651
      View Details
    • $1.15 SF/Yr

      Industrial Property Near I-84

      Industrial property with office, roll-up door, and signage options.
      3624 E Newby St, Nampa, ID 83687
      View Details
    • $12 SF/Yr

      Retail Space on Caldwell Boulevard

      Retail space with high visibility in a high-traffic location.
      421 Caldwell Blvd, Nampa, ID 83651
      View Details
    • $16 SF/Yr
      1,553 SF

      Versatile Flex-Office Space in Nampa

      1,553 SF flex-office space ideal for office or medical use.
      1603 12Th St, Nampa, ID 83686
      View Details
    • $15 SF/Yr

      Downtown Nampa Flexible Commercial Space

      Updated building in prime location suitable for various business types.
      120 9Th Ave S, Nampa, ID 83651
      View Details
    • $22 SF/Yr

      Retail Space Near Walmart

      Retail space available in Walmart-anchored complex with excellent visibility.
      5651-5687 E Franklin Rd, Nampa, ID 83686
      View Details
    • $18 SF/Yr

      Retail Space in Nampa, Idaho

      Retail space available immediately at a signalized intersection.
      1320 2Nd St, Nampa, ID 83651
      View Details
    • Contact for pricing
      126,770 SF

      Nampa Industrial Distribution Warehouses

      Prime industrial distribution warehouses in Nampa, ID with immediate availability.
      5350 East Franklin Rd, Nampa, ID 83687
      View Details
    • Contact for pricing
      439,600 SF

      60-Acre Industrial Development Opportunity

      Class A industrial space available in a rapidly growing area.
      5200 E Franklin Rd, Nampa, ID 83687
      View Details
    • $0.60 SF/Yr

      Nampa Industrial Property with Rail

      Industrial property for sublease with rail access and yard space.
      1820 E Fargo Ave, Nampa, ID 83687
      View Details
    • $15 SF/Yr
      106,931 SF

      Nampa Manufacturing/Warehouse Space Available

      Manufacturing, warehouse, and office space for lease in Nampa.
      1551 N 11Th Ave, Nampa, ID 83651
      View Details

    FAQs

    What type of property is this?
    Land - 1.51 acre corner lot near downtown Nampa and I-84.
    Where is this land located?
    The property is located at 325 Chicago St Nampa, ID.
    What are key features of this property?
    This property features: - Shovel-ready 1.51-acre corner lot for development.; - Fully designed and engineered plans available for an 8,200 SF industrial building.; - IL (Industrial) zoning.
    (208) 472-2834 Call to check price and availability
    Request Owner's contact information
    325 Chicago St Nampa, ID 83686
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    325 Chicago St
    Nampa, ID 83686
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    325 Chicago St Nampa, ID 83686
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Steve Foster
    Steve Foster
    (208) 472-2834 (208) 345-9000 (208) 860-1680
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!