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Light Industrial Warehouse with Yard
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16165 Norco Way, Nampa, ID 83687

Leased light industrial warehouse offering yard space and access to major corridors near I-84 and the Highway 16 interchange.

Property SizeContact for details
Days on Market67

Property Features for 16165 Norco Way

General Information

Standard status Active
Property subtype Industrial
Zoning IL
Listing Agency: Colliers - Boise, Idaho
Listed By: Jack Cosca · License #ID SP56338
Source: Crexi
Added: Jun 5 Changed: Aug 10 Last Checked: Aug 9 at 6:29AM

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 Colliers - Boise, Idaho

Investment Insights

Based on property information with market context.

This property is a light industrial warehouse that includes industrial yard space. It is currently leased, with the public remarks noting the lease is below market, creating an immediate rent-growth runway. The asset also highlights a development opportunity for light industrial warehouse use within an underserved submarket.

Strategically positioned in Nampa, the property benefits from central Treasure Valley access and efficient reach across the metro. The remarks cite immediate proximity to I-84, described as the region’s primary freight and commuter corridor, along with proximity to the Highway 16 interchange. The location is also described as providing direct access to Canyon County’s workforce and an approximately 25-minute drive to Micron Technology’s Boise campus, tied to Micron’s reported $50B+ Boise fab expansion.

For tenants and operators seeking light industrial space with yard capability, the combination of warehouse function and outdoor staging supports a range of industrial needs. Buyers may also consider the current leased status and the below-market rent position referenced in the remarks, alongside the prospect of developing or improving the facility to meet local demand for light industrial product in the area.

Key Highlights

  • Leased light industrial warehouse with yard space
  • Immediate proximity to I‑84, the region’s primary freight and commuter corridor
  • Immediate proximity to the Highway 16 interchange

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Grocery & Convenience Store

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

146
Businesses Nearby
Well-served
Demand for This Use

Demographics for 83687, ID

37,254
Population
14,484
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
91%
High-School Grad
49.4 sq mi
ZIP Area
754
Density / Sq Mi
$72,294
Median Household Income
$40,328
Median Earnings
$1,416
Median Rent
$369,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Similar Off Market Nearby

  • Republic Storage - Nampa 1212 Shilo Dr, Nampa, ID 83687
  • Queen B Storage 1815 madison ave, nampa, id 83687
  • Go Mini's of Boise 813 E Fargo Ave, Nampa, ID 83687

Frequently Asked Questions

What type of property is this?
Warehouse - Leased light industrial warehouse offering yard space and access to major corridors near I-84 and the Highway 16 interchange.
Where is this warehouse located?
The property is located at 16165 Norco Way Nampa, ID.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Leased light industrial warehouse with yard space; Immediate proximity to I‑84, the region’s primary freight and commuter corridor; Immediate proximity to the Highway 16 interchange
(208) 472-2836 Call to check price and availability
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