Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Medical Office & Restaurant Space Title is generated by Realmo AI

    1906 E Fairview Ave., Caldwell, ID 83605

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr $152,500/Mo (calc)

    Medical office and restaurant space available in West Valley Medical Center.

    Property size:
    91,500 SF
    Added:
    Sep 25, 2025
    Days on Market:
    239
    Last Refresh:
    Apr 5 at 9:33 pm

    Property Features for 1906 E Fairview Ave.

    General Information

    Standard status
    Active
    Size
    91,500 SF

    Spaces For Lease

    at 1906 E Fairview Ave. Contact us

    We can help!

    Listing Contact
    Matt Mahoney, SIOR
    Matt Mahoney, SIOR

    Listing agent Matt Mahoney, SIOR License #SP47888

    Listing office Lee & Associates - Boise

    Listing date Sep 25, 2025

    Source Lee-associates

    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 Lee & Associates - Boise

    HighLights

    • Class A medical office space and turn‑key restaurant opportunity.
    • Located within the newly completed West Valley Medical Center.
    • Environmentally sound design with upscale finishes.
    • Existing medical tenants include Family Eyecare Specialists, Spine Institute of Idaho, and Caldwell Urology.
    • Comfortable lobbies.
    • Part of a medical hub with imaging centers, pre‑admit suites, and wellness center.

    Overview

    Located within the newly completed, Class A West Valley Medical Center, space is available for medical offices and a turn-key restaurant on the 3rd and 4th floors. The 91500 square foot building features an environmentally sound design, upscale finishes, and comfortable lobbies. Current tenants include Family Eyecare Specialists, the Spine Institute of Idaho, Caldwell Urology, Norco Medical Supplies, Altitude Physical Therapy, imaging centers, pre-admit suites, the Center for Health & Wellness, and primary and specialty clinics.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Saint Alphonsus Sleep ... Medical Clinic West Valley Occupational ... Occupational Health Service West Valley Wound ... Medical Clinic Amy Dunn, NP Physician Daniel Allen Pediatrician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.695
    Latitude
    43.653

    Nearby Similar for Lease

    • $14 SF/Yr
      7,213 SF

      Move-in Ready Retail/Office Space

      Versatile space with ample parking and excellent visibility.
      2805 Blaine St, Caldwell, ID 83605
      View Details
    • $9 SF/Yr
      4,749 SF

      Caldwell Office Building For Lease

      Well-appointed office building in prime Caldwell location, available February 2026.
      1803 Ellis Ave, Caldwell, ID 83605
      View Details
    • $0.85 SF/Yr
      70,000 SF

      Industrial Space with Ample Yard

      Versatile industrial property with 24' clear height and ESFR.
      3515 East Linden Street, Caldwell, ID, 83605
      View Details
    • $14 SF/Yr
      21,270 SF

      Move-in Ready Office/Retail Space

      Versatile commercial space with ample parking in a bustling location.
      2805 Blaine St, Caldwell, ID 83605
      View Details
    • $0.10 SF/Yr
      2,400 SF

      Industrial Space with Drive-Thru Access

      Convenient industrial space with fenced yard and excellent freeway access.
      5312 Cleveland Boulevard, Caldwell, ID 83607
      View Details
    • Contact for pricing
      9,900 SF

      Prime Corner Location with Drive-Thru

      High-visibility retail space with drive-thru in Caldwell, Idaho.
      2107 Blaine St | Caldwell, ID 83605
      View Details
    • $40 SF/Yr

      Caldwell Retail Space For Lease

      Rare retail space with drive-thru, near Indian Creek Plaza.
      3110 Cleveland Boulevard, Caldwell, ID 83607
      View Details
    • Contact for pricing

      Retail Space in Growing City

      Retail space with drive-thru potential in a high-growth area.
      3110 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • $103,435 SF/Yr
      7,183 SF

      New Industrial Building Near I-84

      New industrial building with modern office and expansive shop area.
      412 Millenium Park Lane, Caldwell, ID 83605
      View Details
    • $25 SF/Yr

      Renovated Retail Space in Caldwell

      Move-in ready retail space with Class A finishes and plaza frontage.
      712 Arthur St, Caldwell, ID 83605
      View Details
    • Contact for pricing
      59,252 SF

      Caldwell Industrial Property for Lease

      59,252 SF industrial space in Caldwell, Idaho.
      1 Idea Way, Caldwell, ID, 83605
      View Details
    • Contact for pricing
      3,535 SF

      Turnkey Restaurant and Bar Space

      Restaurant and bar space for sublease in Downtown Caldwell.
      712 Main Street, Caldwell, ID 83605
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical office and restaurant space available in West Valley Medical Center.
    Where is this medical office space located?
    The property is located at 1906 E Fairview Ave. Caldwell, ID.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Class A medical office space and turn‑key restaurant opportunity.; Located within the newly completed West Valley Medical Center.; Environmentally sound design with upscale finishes.
    (208) 319-1003
    We can help!
    Listing Contact
    Matt Mahoney, SIOR
    Matt Mahoney, SIOR
    Real Estate License ID: SP47888
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1906 E. Fairview Ave., Caldwell, ID 83605,
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!