Sign Up Successful!
You now have access to more from Realmo!
    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

    3624 E Newby St Nampa, ID 83687

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.15 SF/Yr

    Industrial property with office, roll-up door, and signage options.

    We can help!

    Listing Contact
    Mike Arnold
    Source: Tokcommercial

    Listing Agent: Mike Arnold

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

    Learn more

    Overview

    Industrial Property Near I-84

    Located at 3624 E. Newby Street, Nampa, ID, this industrial property offers a versatile layout with small office and reception areas in each suite. It features a 12’ x 12’ roll-up door. Monument and building signage options are available. The property is located less than 1 mile from I-84, Exit 38, and is close to Garrity Blvd. The property has ample power.
    Location Intelligence

    Current Use by Public Records

    Engine & Transmission Specialist Auto Parts Store Rapid Plumbing & Restoration Plumber EZ Party Time ... Party Equipment Rental Service Innovative Machine WorX Machine Shop Retro Restoration LLC Building Restoration Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.5260986
    Latitude
    43.5956689

    Nearby Similar for Lease

    • $22 SF/Yr
      1,225 SF

      Nampa Retail/Office Condo for Lease

      Retail/Office condo ideal for executive or medical office use.
      3764 E Amity Ave, Nampa, ID 83687
      View Details
    • $24 SF/Yr
      1,225 SF

      Nampa Retail/Office Condo for Lease

      Retail/Office condo ideal for executive or medical office use.
      3764 E Amity Ave, 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
    • $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
    • Contact for pricing
      211,000 SF

      Nampa Industrial Property For Lease

      250,242 SF manufacturing/warehouse with office on 25.27 acres.
      900 East Karcher Rd, Nampa, ID 83687
      View Details
    • Contact for pricing
      5,600 SF

      Office Space Build-to-Suit Opportunity

      Customizable office space in Fall River Business Park.
      930 Rising Sun, Nampa, ID 83686
      View Details
    • $23 SF/Yr
      2,675 SF

      Nampa Class A Office Space

      Class A office space in growing Nampa area for rent.
      16211 N Brinson 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

      New Industrial Business Park

      New multi-phase light industrial park with easy Interstate access.
      15918 Star Rd, Nampa, ID 83687
      View Details
    • Contact for pricing

      New Industrial Business Park

      New multi-phase light industrial park with easy Interstate access.
      15918 Star Rd, Nampa, ID 83687
      View Details
    • Contact for pricing

      New Industrial Business Park

      New multi-phase light industrial park with easy Interstate access.
      15918 Star Rd, Nampa, ID 83687
      View Details
    • Contact for pricing
      13,716 SF

      Nampa Medical Office Space For Lease

      13,716 SF Medical Office Building, Divisible
      1510 Happy Valley Rd, Nampa, ID 83687
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial property with office, roll-up door, and signage options.
    Where is this flex space located?
    The property is located at 3624 E Newby St Nampa, ID.
    What is the lease rate?
    The lease rate is $1.15 SF/Yr.
    What are key features of this property?
    This property features: - Less than 1 mile from I-84 (Exit 38) for easy access.; - 12' x 12' roll-up door for seamless operations.; - Option for prominent monument and building signage.
    (208) 957-5609
    Request Owner's contact information
    3624 E Newby St Nampa, ID 83687
    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.
    3624 E Newby St
    Nampa, ID 83687
    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
    3624 E Newby St Nampa, ID 83687
    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!
    Listing Contact
    Mike Arnold
    (208) 957-5609
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.