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207 10th Ave S, Nampa, ID 83651

Multi-building commercial property near downtown Nampa, ideal for owner-user.

Property Size11,320 SF
Price / SF$176.59
Days on Market219

Property Features for 207 10th Ave S

General Information

Standard status Active
Size 11,320 SF
Property subtype Industrial, Office
Zoning DV

Building Details

Year Built 1955
Year Renovated 2020
Listing Agency: Colliers - Nampa, Idaho
Listed By: Mike Pena · License #ID 29440
Source: Crexi
Added: Mar 4 Changed: Sep 29 Last Checked: Oct 7 at 12:51PM

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 - Nampa, Idaho

Investment Insights

Based on property information with market context.

This commercial property is located near the downtown core of Nampa. It presents an opportunity for automotive or machining-related businesses. The property consists of three buildings, offering potential for an owner-user or an investor seeking a multi-tenant property. Renovations were completed in 2020, including upgrades to the heating system, bathrooms, and roof. The property includes 700 square feet of currently rented office space. The total property size is 11320 square feet.

Key Highlights

  • Located right off Downtown core in Nampa
  • Good opportunity for owner‑user or investor looking for multi‑tenant property
  • Excellent opportunity for automotive or machining‑related businesses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$113,107
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,262,140 $2.3M
Cap Rate 7%
$1,615,814 $1.6M
Cap Rate 9%
$1,256,744 $1.3M
Market Conditions
NOI Build-Up for 11,320 SF
Gross rent
$190.2K $16.80/SF
− Vacancy
−$16.2K −$1.43/SF
EGI
$174.0K $15.37/SF
− OpEx
−$60.9K −$5.38/SF
NOI
$113.1K $9.99/SF
Area
Nampa, ID
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,262,140
Cap Rate 7%
$1,615,814
Cap Rate 9%
$1,256,744

Alternative Uses

Best Use
Flex RnD
$1.62M
$1.41M – $1.89M (±1% cap)
NOI $113,107 @ 7.0% cap · market cap 5.66%
Second Best
Industrial
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,275 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M (±1% cap)
NOI $200,446 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Catering Service Pet Store Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Pet Store & Service

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

1,412
Businesses Nearby
Under-served
Demand for This Use

Demographics for 83651, ID

34,509
Population
14,031
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
86%
High-School Grad
15.9 sq mi
ZIP Area
2,170
Density / Sq Mi
$66,895
Median Household Income
$34,770
Median Earnings
$1,334
Median Rent
$312,500
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
Rey
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Similar Off Market Nearby

  • H&M BBQ — 215 14th Ave S, Nampa, ID 83651

Frequently Asked Questions

What type of property is this?
Flex space - Multi-building commercial property near downtown Nampa, ideal for owner-user.
Where is this flex space located?
The property is located at 207 10th Ave S Nampa, ID.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Located right off Downtown core in Nampa; Good opportunity for owner‑user or investor looking for multi‑tenant property; Excellent opportunity for automotive or machining‑related businesses
(208) 850-2695 Call to check price and availability
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