Mixed-Use Building with High
For Sale
$7,200,000
21917 Thorsten Ave lot 100 Units 102-105, Middleton, ID 83644
Commercial Sale, Middleton, ID
Property Size30,000 SF
Price / SF$240
Days on Market735
Property Features for 21917 Thorsten Ave lot 100 Units 102-105
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
M-1 Light Industrial
Exterior features
Paved Outside Area
Accessibility
Accessible Approach with Ramp
Directions
At corner of Bass Ln and Middleton Rd, West on Bass, South on Tungsten. Back corner on right.
Standard status
Active
APN
R3407520100
Size
30,000 SF
Taxes and HOA fees
Tax Description
See Docs
Legal Description
See Docs
Utilities
Utilities
Propane
Heating system
Natural Gas
Building Details
Year built
2026
Floors in Building
2
Number of units
8
Flooring type
Concrete
Building materials
Steel Siding, Metal Siding
Roof type
Metal
Listing Agency:
CENTURY 21 Eagle Rock
(208) 938-2824
Listed By:
Todd Mccauley · License #SP33498
(208) 866-4879
Added: Oct 11, 2024
Changed: Oct 13
Last Checked: Oct 15 at 5:06AM
MLS# 98926575
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.
Investment Insights
Based on property information with market context.
Under construction, this mixed-use project is planned with suites measuring 30 by 125 feet. The development is designed for restaurant, retail, office, industrial, and flex occupancy, with concrete floors, metal roofing, and steel or metal siding. Ceiling heights approach 25 feet, and each unit will have at least one rear grade-level high garage door. Paved parking is planned, and the property is expected to be completed around the end of December 2026.
The project sits just off Middleton Road, where traffic counts exceed 10,000. Buyers may acquire a single unit or combine units, with up to four units remaining. Build-to-suit arrangements are available.
The project sits just off Middleton Road, where traffic counts exceed 10,000. Buyers may acquire a single unit or combine units, with up to four units remaining. Build-to-suit arrangements are available.
Key Highlights
- Suites measure 30x125 each
- Nearly 25‑foot ceiling heights
- At least one rear grade‑level high garage door per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$376,261
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,525,220
$7.5M
Cap Rate 7%
$5,375,157
$5.4M
Cap Rate 9%
$4,180,678
$4.2M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$568.8K $18.96/SF
− Vacancy
−$31.3K −$1.04/SF
EGI
$537.5K $17.92/SF
− OpEx
−$161.3K −$5.38/SF
NOI
$376.3K $12.54/SF
Area
Canyon County, ID
Vacancy
5.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,525,220
Cap Rate 7%
$5,375,157
Cap Rate 9%
$4,180,678
Alternative Uses
Best Use
Retail
$5.38M
$4.70M – $6.27M
NOI $376,261 @ 7.0% cap · market cap 5.23%
Second Best
Mixed Use
$5.32M
$4.66M – $6.21M
NOI $372,600 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$7.99M
$6.99M – $9.32M
NOI $559,339 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
10,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 83644, ID
14,568
Population
5,362
Households
2.7
Avg Household Size
36
Median Age
27%
College-Educated
94%
High-School Grad
45.8 sq mi
ZIP Area
318
Density / Sq Mi
$86,306
Median Household Income
$41,052
Median Earnings
$1,085
Median Rent
$392,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Planned suites are offered for restaurant, retail, office, industrial, and flex uses, with build-to-suit options.
Where is this mixed-use property located?
The property is located at 21917 Thorsten Ave lot 100 Units 102-105 Middleton, ID.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: Suites measure 30x125 each; Nearly 25‑foot ceiling heights; At least one rear grade‑level high garage door per unit
