Two-Building Office
For Sale
$990,000
1207 1207- 1211 Kimball Total Square Footage 3300, Caldwell, ID 83605
Two office buildings and an adjoining lot provide flexibility for operations, leasing, expansion, or additional parking.
Property Size3,300 SF
Price / SF$300
Days on Market73
Property Features for 1207 1207- 1211 Kimball Total Square Footage 3300
General Information
Standard status
Active
Size
3,300 SF
Additional Details
Highway Access
Yes
Land Use
commercial
Building Details
Year Built
1979
Buildings
2
Listing Agency:
Silvercreek Realty Group
Listed By:
Stephanie Rohrdanz · License #26674
(208) 880-1673
Source:
Bktidaho
Added: Jul 27
Changed: Oct 1
Last Checked: Oct 7 at 4:25PM
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 Silvercreek Realty Group
Investment Insights
Based on property information with market context.
This commercial offering combines two office buildings with an adjoining vacant lot in a single property. The buildings total 3,300 square feet and date to 1979, while the additional land creates flexibility for future expansion, new construction, or parking, subject to permitted-use verification.
Located in Caldwell, the property is minutes from downtown and provides access to major businesses and the freeway. The configuration can accommodate an owner-user in one building with the other leased separately, or support leasing of both buildings. The two-building layout and adjoining land provide multiple ways to use the existing improvements while retaining additional site flexibility.
Located in Caldwell, the property is minutes from downtown and provides access to major businesses and the freeway. The configuration can accommodate an owner-user in one building with the other leased separately, or support leasing of both buildings. The two-building layout and adjoining land provide multiple ways to use the existing improvements while retaining additional site flexibility.
Key Highlights
- Two commercial office buildings offered with an adjoining vacant lot
- 3,300 square feet of office buildings
- 1979 construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,738
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,760
$914.8K
Cap Rate 7%
$653,400
$653.4K
Cap Rate 9%
$508,200
$508.2K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$69.3K $21.00/SF
− Vacancy
−$8.3K −$2.52/SF
EGI
$61.0K $18.48/SF
− OpEx
−$15.2K −$4.62/SF
NOI
$45.7K $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%
$914,760
Cap Rate 7%
$653,400
Cap Rate 9%
$508,200
Alternative Uses
Best Use
Office B
$653.4K
$571.7K – $762.3K
NOI $45,738 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$879.0K
$769.1K – $1.03M
NOI $61,527 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Two office buildings and an adjoining lot provide flexibility for operations, leasing, expansion, or additional parking.
Where is this office building located?
The property is located at 1207 1207- 1211 Kimball Total Square Footage 3300 Caldwell, ID.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Two commercial office buildings offered with an adjoining vacant lot; 3,300 square feet of office buildings; 1979 construction
