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Two-Building Industrial Warehouse Property
For Sale
$3,400,000

20079 Simplot Blvd, Caldwell, ID 83607

Commercial Sale, Caldwell, ID

Property Size10,000 SF
Lot Size7.47 Acres
Price / SF$340
Days on Market155

Property Features for 20079 Simplot Blvd

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Ag - Future Use INDUST.
Lot features 5 - 9.9 Acres
Directions From Caldwell, Simplot Blvd West to Address
Standard status Active
APN R36323010A0
Size 10,000 SF
Lot size 7.47 Acres

Amenities

climate controlled scale house/office
80' certified truck scale
Pioneer Irrigation shares available

Building Details

Year built 1998
Building materials Frame, Steel Siding
Listing Agency: KW Commercial · Keller Williams Realty
Listed By: Gregory Davis · License #SP32434
Added: May 28 Changed: Oct 16 Last Checked: Oct 29 at 2:06AM
MLS# 98988096

Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This industrial warehouse property encompasses 7.47 acres and includes two Quonset-type warehouse buildings totaling 10,000 square feet. The structures sit on 8-inch concrete slabs, measure approximately 150 feet by 50 feet and 50 feet by 50 feet, and are served by 200 amp, three-phase power. Frame construction and steel siding are present, with the improvements dating to 1998.

Additional facilities include a climate-controlled scale house and office with a restroom, plus an 80-foot certified truck scale. The property has rail frontage and the potential to add a rail spur. It is located at 20079 Simplot Blvd in Caldwell, Idaho, within the Simplot Blvd Industrial Corridor and just east of Notus Road. Pioneer Irrigation shares are also available.

Key Highlights

  • 7.47 +/- acres at 20079 Simplot Blvd, Caldwell, ID 83607
  • Two warehouse buildings totaling 10,000 square feet
  • Buildings measure 150' x 50' and 50' x 50'

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$103,352
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,067,040 $2.1M
Cap Rate 7%
$1,476,457 $1.5M
Cap Rate 9%
$1,148,356 $1.1M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$126.0K $12.60/SF
− Vacancy
−$4.4K −$0.44/SF
EGI
$121.6K $12.16/SF
− OpEx
−$18.2K −$1.82/SF
NOI
$103.4K $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%
$2,067,040
Cap Rate 7%
$1,476,457
Cap Rate 9%
$1,148,356

Alternative Uses

Best Use
Warehouse
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,352 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.33M – $3.11M (±1% cap)
NOI $186,446 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Auto Repair Shop Electrical Service Plumbing Service Big Box & Wholesale Store Bakery Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby
Well-served
Demand for This Use

Demographics for 83607, ID

36,024
Population
11,858
Households
3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
230.0 sq mi
ZIP Area
157
Density / Sq Mi
$80,170
Median Household Income
$40,259
Median Earnings
$1,404
Median Rent
$385,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial site with rail frontage, warehouse improvements, truck scale, and dedicated office support space.
Where is this warehouse located?
The property is located at 20079 Simplot Blvd Caldwell, ID.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 7.47 +/- acres at 20079 Simplot Blvd, Caldwell, ID 83607; Two warehouse buildings totaling 10,000 square feet; Buildings measure 150' x 50' and 50' x 50'
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