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End-Cap Mixed-Use Condo
For Sale
$380,000

101-3746 E Amity Ave, Nampa, ID 83686

Condominium layout includes reception, four offices, a kitchen, and a private restroom.

Property Size1,225 SF
Price / SF$310.20
Days on Market1118

Property Features for 101-3746 E Amity Ave

General Information

Standard status Active
Size 1,225 SF
Listing Agency: KW Commercial
Listed By: Jason Knorpp · License #SP41881
Source: Exprealty
Added: Aug 1, 2023 Changed: Aug 21 Last Checked: Aug 22 at 11:58AM

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 KW Commercial

Investment Insights

Based on property information with market context.

This mixed-use condominium is planned as an end-cap unit within an office, retail, and medical condo development. The 1,225-square-foot layout provides a private front entry, reception area, four offices, a kitchen finished with granite countertops, and a private restroom. Multiple units are available, with the option to combine them for a larger configuration.

The property is located at 101-3746 E Amity Ave in Nampa, Idaho. Its combination of private access, office rooms, reception space, and kitchen and restroom improvements supports a range of professional commercial configurations within the development.

Key Highlights

  • 1,225 SF end‑cap condominium at 101‑3746 E Amity Ave, Nampa, ID
  • Private front entrance with reception area
  • Four‑office layout

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
$15,821
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
4.16%
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%
$316,420 $316.4K
Cap Rate 7%
$226,014 $226.0K
Cap Rate 9%
$175,789 $175.8K
Market Conditions
NOI Build-Up for 1,225 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
$25.7K $21.00/SF
− Vacancy
−$4.6K −$3.78/SF
EGI
$21.1K $17.22/SF
− OpEx
−$5.3K −$4.31/SF
NOI
$15.8K $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%
$316,420
Cap Rate 7%
$226,014
Cap Rate 9%
$175,789

Alternative Uses

Best Use
Office B
$226.0K
$197.8K – $263.7K (±1% cap)
NOI $15,821 @ 7.0% cap · market cap 4.16%
Second Best
Healthcare Medical
$221.4K
$193.8K – $258.4K (±1% cap)
NOI $15,501 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$309.9K
$271.1K – $361.5K (±1% cap)
NOI $21,691 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Building Supply Electrical Service (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

962
Businesses Nearby

Demographics for 83686, ID

55,343
Population
20,283
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
87.7 sq mi
ZIP Area
631
Density / Sq Mi
$83,666
Median Household Income
$40,310
Median Earnings
$1,310
Median Rent
$381,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Condominium layout includes reception, four offices, a kitchen, and a private restroom.
Where is this mixed-use property located?
The property is located at 101-3746 E Amity Ave Nampa, ID.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 1,225 SF end‑cap condominium at 101‑3746 E Amity Ave, Nampa, ID; Private front entrance with reception area; Four‑office layout
More about this property
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