Single-Tenant Medical Office
For Sale
$988,000
1902 S 10th Ave., Caldwell, ID 83605
Single-tenant medical office building totaling 4,544 SF, 100% occupied under a Triple Net lease.
Property Size4,544 SF
Days on Market146
Property Features for 1902 S 10th Ave.
General Information
Standard status
Active
Size
4,544 SF
Class
B
Property subtype
Office
Building Details
Building Size
4,544 SF
Listed By:
Ryan Brodien · License #ID 48391
(208) 830-8070
Source:
Naiglobal
Added: May 14
Changed: Oct 4
Last Checked: Oct 5 at 4:41PM
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 Ryan Brodien
Investment Insights
Based on property information with market context.
This single-tenant medical office building totals 4,544 SF and is 100% occupied by Keplr Vision. The property is operated under a fully executed Triple Net lease.
The building is located in Caldwell, Idaho at 1902 S. 10th Ave., and is described as being within close proximity to the downtown area. Nearby references include Indian Creek Plaza and the College of Idaho campus.
The property is zoned H-D, which supports office or office building development opportunities as presented in the offering materials.
The building is located in Caldwell, Idaho at 1902 S. 10th Ave., and is described as being within close proximity to the downtown area. Nearby references include Indian Creek Plaza and the College of Idaho campus.
The property is zoned H-D, which supports office or office building development opportunities as presented in the offering materials.
Key Highlights
- Single‑tenant medical office building totaling 4,544 SF in Caldwell, Idaho
- 100% occupied by Keplr Vision under a fully executed Triple Net (NNN) lease
- Single‑tenant setup for a medical/office use in a dedicated property configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,980
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,259,600
$1.3M
Cap Rate 7%
$899,714
$899.7K
Cap Rate 9%
$699,778
$699.8K
Market Conditions
NOI Build-Up for 4,544 SF
Gross rent
$95.4K $21.00/SF
− Vacancy
−$11.5K −$2.52/SF
EGI
$84.0K $18.48/SF
− OpEx
−$21.0K −$4.62/SF
NOI
$63.0K $13.86/SF
Area
Canyon County, ID
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,259,600
Cap Rate 7%
$899,714
Cap Rate 9%
$699,778
Alternative Uses
Best Use
Office B
$899.7K
$787.3K – $1.05M
NOI $62,980 @ 7.0% cap · market cap 6.37%
Second Best
Healthcare Medical
$821.4K
$718.8K – $958.3K
NOI $57,500 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,721 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
772
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83605, ID
38,561
Population
14,197
Households
2.7
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
24.6 sq mi
ZIP Area
1,568
Density / Sq Mi
$60,657
Median Household Income
$31,806
Median Earnings
$973
Median Rent
$300,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-tenant medical office building totaling 4,544 SF, 100% occupied under a Triple Net lease.
Where is this medical office space located?
The property is located at 1902 S 10th Ave. Caldwell, ID.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: Single‑tenant medical office building totaling 4,544 SF in Caldwell, Idaho; 100% occupied by Keplr Vision under a fully executed Triple Net (NNN) lease; Single‑tenant setup for a medical/office use in a dedicated property configuration
