Medical Office Building with Exam
For Sale
Contact for pricing
1825 S Kimball Ave, Caldwell, ID 83605
Established clinical facility with dedicated patient, provider, imaging, and staff areas.
Property Size5,508 SF
Lot Size0.54 Acres
Price / SF$236.02
Days on Market191
Property Features for 1825 S Kimball Ave
General Information
Standard status
Active
Size
5,508 SF
Class
B
Lot size
0.54 Acres
Property subtype
Office
Zoning
Hospital District
Occupancy
25%
Investment Type
Value Add
Net Operating Income
$87,000
Amenities
8 exam rooms
7 offices
onsite x-ray room
large lobby/reception area
staff break room
5 restrooms
Building Details
Year Built
1995
Buildings
1
Stories
1
Listing Agency:
Homes of Idaho
Listed By:
Amanda Chaves · License #SP45893
Source:
Crexi
Added: Feb 21
Changed: Aug 31
Last Checked: Aug 31 at 12:49AM
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 Homes of Idaho
Investment Insights
Based on property information with market context.
This fully operational medical office property includes a 5,508-square-foot building on 0.54 acres. Constructed in 1995, the facility contains 8 exam rooms, 7 offices, an onsite x-ray room, a spacious lobby and reception area, a staff break room, and 5 restrooms. The configuration provides separate areas for patient services, administrative work, imaging, and staff use.
The property is located at 1825 S Kimball Ave in Caldwell, near West Valley Medical Center. It carries Hospital District zoning and is arranged as a dedicated healthcare facility. The existing improvements offer a defined clinical setting for continued medical office use.
The property is located at 1825 S Kimball Ave in Caldwell, near West Valley Medical Center. It carries Hospital District zoning and is arranged as a dedicated healthcare facility. The existing improvements offer a defined clinical setting for continued medical office use.
Key Highlights
- 5,508‑square‑foot medical office building on 0.54 acres
- 8 exam rooms and 7 offices
- Onsite x‑ray room
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
$76,341
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
5.87%
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%
$1,526,820
$1.5M
Cap Rate 7%
$1,090,586
$1.1M
Cap Rate 9%
$848,233
$848.2K
Market Conditions
NOI Build-Up for 5,508 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
$115.7K $21.00/SF
− Vacancy
−$13.9K −$2.52/SF
EGI
$101.8K $18.48/SF
− OpEx
−$25.4K −$4.62/SF
NOI
$76.3K $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 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%
$1,526,820
Cap Rate 7%
$1,090,586
Cap Rate 9%
$848,233
Alternative Uses
Best Use
Office B
$1.09M
$954.3K – $1.27M
NOI $76,341 @ 7.0% cap · market cap 5.87%
Second Best
Healthcare Medical
$995.7K
$871.2K – $1.16M
NOI $69,698 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,695 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Under-served
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Established clinical facility with dedicated patient, provider, imaging, and staff areas.
Where is this medical office space located?
The property is located at 1825 S Kimball Ave Caldwell, ID.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 5,508‑square‑foot medical office building on 0.54 acres; 8 exam rooms and 7 offices; Onsite x‑ray room
