Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16650 Madison Rd Nampa, ID 83687

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New industrial park with flexible showroom and distribution options.

    Property Features for 16650 Madison Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    2024

    We can help!

    Listing Contact
    Harry Sawyer, Msre
    Harry Sawyer, Msre
    Source: Crexi

    Listing Agency: CBRE - Boise Listing Agent: Harry Sawyer, Msre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Modern Industrial Flex Space Available

    Park84 is a recently completed industrial park featuring six modern facilities totaling approximately 1,605,570 square feet. The park offers flexible space options ranging from small bay showrooms to large distribution centers, including spec suites and turnkey services. Located in central Canyon County, Park84 provides convenient access to Interstate 84 via two access points, ensuring strong connectivity throughout the Boise metropolitan area. The location benefits from a readily available labor supply and numerous nearby amenities for employees. Spec suites are available. Inquire with agents regarding potential building sale opportunities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.5622102
    Latitude
    43.6141604

    Nearby Similar for Lease

    • $22 SF/Yr
      1,225 SF

      New Retail/Office Condo in Nampa

      New construction retail/office condo with modern finishes, ready for occupancy.
      3764 E Amity Ave, Nampa, ID 83687
      View Details
    • $22 SF/Yr
      1,225 SF

      New Retail/Office Condo in Nampa

      New construction retail/office condo in Nampa, ready for occupancy.
      3764 E Amity Ave, Nampa, ID 83687
      View Details
    • Contact for pricing
      455,524 SF

      New Industrial Park with Flexible Space

      Modern industrial park offering flexible spaces and convenient highway access.
      8400 Birch Ln, Nampa, ID 83687
      View Details
    • Contact for pricing
      27,339 SF

      Nampa Warehouse Space Available

      27,339 SF warehouse space in Nampa, completion February 2026.
      16650 Madison Rd, Nampa, ID 83687
      View Details
    • $0.95 SF/Yr
      30,975 SF

      Renovated Industrial Complex For Lease

      Light industrial complex featuring three buildings totaling approximately 30,975 SF.
      1208 Madison Ave, Nampa, ID 83687
      View Details
    • Contact for pricing
      126,770 SF

      Nampa Industrial Distribution Warehouses

      Prime industrial warehouses in Nampa, ideal for distribution business.
      5350 East Franklin Rd, Nampa, ID 83687
      View Details
    • $18 SF/Yr

      Retail Space in Nampa, Idaho

      Retail space available immediately at a signalized intersection.
      1320 2Nd St, Nampa, ID 83651
      View Details
    • $1,572 /Mo

      Prime Retail/Office Space Available

      High-visibility retail or office space in a busy commercial hub.
      2205 N Cassia St, Nampa, ID 83651
      View Details
    • $22 SF/Yr

      Retail Space Near Walmart

      Retail space available in Walmart-anchored complex with excellent visibility.
      5651-5687 E Franklin Rd, Nampa, ID 83686
      View Details
    • $15 SF/Yr

      Downtown Nampa Flexible Commercial Space

      Updated building in prime location suitable for various business types.
      120 9Th Ave S, Nampa, ID 83651
      View Details
    • Contact for pricing

      New Industrial Development in Nampa

      Master-planned industrial development with flexible space and expansion options.
      216 Shannon Dr, Nampa, ID 83687
      View Details
    • $17 SF/Yr

      Shell Space on Busy Arterial

      Adaptable shell space with high visibility and signage opportunities.
      914 12Th Ave Rd, Nampa, ID 83686
      View Details

    FAQs

    What type of property is this?
    Flex space - New industrial park with flexible showroom and distribution options.
    Where is this flex space located?
    The property is located at 16650 Madison Rd Nampa, ID.
    What are key features of this property?
    This property features: - Recently completed, state-of-the-art facilities totaling ±605,570 sf.; - Strategically located with two easy access points to Interstate 84.; - Strong connectivity to all corners of the Treasure Valley (Boise MSA).
    Request Owner's contact information
    16650 Madison Rd Nampa, ID 83687
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16650 Madison Rd
    Nampa, ID 83687
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16650 Madison Rd Nampa, ID 83687
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Harry Sawyer, Msre
    Harry Sawyer, Msre
    Real Estate License ID: SP43291
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!