Warehouse Property with
For Sale
$595,000
315 & 321 Main St, Caldwell, ID 83605
Two Main Street parcels include an existing structure requiring interior completion and a separate vacant lot.
Property Size3,570 SF
Price / SF$166.67
Days on Market48
Property Features for 315 & 321 Main St
General Information
Standard status
Active
Size
3,570 SF
Property Condition
Severity
Repairs Needed
Evidence
The inside needs to be finished
Additional Details
Warehouse Space
798 SF
Water Rights
Yes
Building Details
Buildings
1
Building Size
3,570 SF
Listing Agency:
Silvercreek Realty Group
Listed By:
Rick Ruth · License #SP44343
(208) 322-5600
Source:
Noplacelikeidaho
Added: Aug 20
Changed: Oct 2
Last Checked: Oct 5 at 8:35PM
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.
The property comprises two parcels at 315 & 321 Main St in Caldwell. The 315 Main parcel includes a 3,570-square-foot building with 798 square feet devoted to garage space. Exterior condition is described as fair to good, while the interior remains unfinished. The 321 Main parcel is vacant.
Site infrastructure includes an individual well and documented water rights through the Idaho Department of Water Resources. The associated water right is identified as 36-4229.
Site infrastructure includes an individual well and documented water rights through the Idaho Department of Water Resources. The associated water right is identified as 36-4229.
Key Highlights
- 3,570‑square‑foot building at 315 Main St
- 798 square feet of garage space
- Separate vacant lot at 321 Main St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,896
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,920
$737.9K
Cap Rate 7%
$527,086
$527.1K
Cap Rate 9%
$409,956
$410.0K
Market Conditions
NOI Build-Up for 3,570 SF
Gross rent
$45.0K $12.60/SF
− Vacancy
−$1.6K −$0.44/SF
EGI
$43.4K $12.16/SF
− OpEx
−$6.5K −$1.82/SF
NOI
$36.9K $10.34/SF
Area
Canyon County, ID
Vacancy
3.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,920
Cap Rate 7%
$527,086
Cap Rate 9%
$409,956
Alternative Uses
Best Use
Warehouse
$527.1K
$461.2K – $614.9K
NOI $36,896 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$950.9K
$832.0K – $1.11M
NOI $66,561 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Balanced
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Classic Storage — Evans St, Caldwell, ID 83605
- Treasure Valley Seed Co. — 415 S Kit Ave, Caldwell, ID 83605
- At Your Site Storage Idaho — 122 Riverwood Dr, Caldwell, ID 83604
Frequently Asked Questions
What type of property is this?
Warehouse - Two Main Street parcels include an existing structure requiring interior completion and a separate vacant lot.
Where is this warehouse located?
The property is located at 315 & 321 Main St Caldwell, ID.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 3,570‑square‑foot building at 315 Main St; 798 square feet of garage space; Separate vacant lot at 321 Main St
