Two-Tenant Industrial
For Sale
$850,000
215 Hannibal Street, Caldwell, ID 83605
Two separate suites provide dedicated office, restroom, overhead-door access, and three-phase power.
Property Size4,960 SF
Price / SF$171.37
Days on Market14
Property Features for 215 Hannibal Street
General Information
Standard status
Active
Size
4,960 SF
Zoning
C-3 General Commercial
Warehouse & Industrial
Clear Height
20 ft
Clear Span
Yes
Power
200 amps
Three-Phase Power
Yes
Additional Details
Property Use
Industrial
Amenities
Concrete
true
Square Feet
10000 SF - .49 Acre
City Service
Grade Level Door
0.23
6 - 10 Spaces
Paved
Paved Outside Area
4960
Building Details
Building Size
4,960 SF
Year Built
2024
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Tomlinson
(208) 545-3377
Listed By:
Kellie Schultz
Source:
Brokerboise
Added: Oct 16
Changed: Oct 28
Last Checked: Oct 28 at 4:31PM
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 Coldwell Banker Tomlinson
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,960-square-foot industrial building is configured for two tenants, with a clear-span warehouse area and 20-foot center height. Each suite includes an office, a restroom, a 12-foot-by-12-foot roll-up door, and a 200-amp panel with three-phase power. The building is zoned C-3 General Commercial and was listed with an October 2024 completion date.
Key Highlights
- 4,960‑square‑foot, two‑tenant industrial building
- Clear‑span warehouse area with 20‑foot height at center
- One 12' x 12' roll‑up door in each suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,262
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,025,240
$1.0M
Cap Rate 7%
$732,314
$732.3K
Cap Rate 9%
$569,578
$569.6K
Market Conditions
NOI Build-Up for 4,960 SF
Gross rent
$62.5K $12.60/SF
− Vacancy
−$2.2K −$0.44/SF
EGI
$60.3K $12.16/SF
− OpEx
−$9.0K −$1.82/SF
NOI
$51.3K $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%
$1,025,240
Cap Rate 7%
$732,314
Cap Rate 9%
$569,578
Alternative Uses
Best Use
Warehouse
$732.3K
$640.8K – $854.4K
NOI $51,262 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,477 @ 7.0% cap · market cap 10.88%
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
Lease Details
20 ft
Clear height
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Balanced
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
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
Similar Off Market Nearby
- Classic Storage — Evans St, Caldwell, ID 83605
- At Your Site Storage Idaho — 122 Riverwood Dr, Caldwell, ID 83604
Frequently Asked Questions
What type of property is this?
Warehouse - Two separate suites provide dedicated office, restroom, overhead-door access, and three-phase power.
Where is this warehouse located?
The property is located at 215 Hannibal Street Caldwell, ID.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,960‑square‑foot, two‑tenant industrial building; Clear‑span warehouse area with 20‑foot height at center; One 12' x 12' roll‑up door in each suite
