Sprinklered Retail
For Sale
$2,600,000
High-Visibility Commercial Mixed-Used Opportunity, Nampa, ID 83687
Retail property with monument signage, BC zoning, and proximity to downtown, interstate, and regional transportation routes.
Property Size25,800 SF
Days on Market51
Property Features for High-Visibility Commercial Mixed-Used Opportunity
General Information
Standard status
Active
Size
25,800 SF
Property subtype
Retail
Zoning
BC
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Opportunity Zone
Yes
Sprinkler System
Yes
Amenities
monument signage
Building Details
Building Size
25,800 SF
Year Built
1976
Buildings
1
Listing Agency:
Lee & Associates Idaho LLC
Listed By:
Drey Campbell, PhD, CCIM · License #50545
(208) 440-1926
Source:
Lee-associates
Added: Sep 16
Changed: Oct 25
Last Checked: Nov 4 at 10:46AM
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 Idaho LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1976, this retail property has a fully sprinklered building and a flexible layout described as suitable for multi-tenant conversion or leasing additional space. BC zoning and dedicated monument signage add important physical and land-use characteristics for commercial occupancy.
The property is located at 301 11th Avenue North in Nampa, along 11th Ave N. It is approximately 1 minute from Downtown Nampa, 3 minutes from I-84, and 20 minutes from Boise Airport, with access to Highway 16 Expressway. The site is also within a designated Opportunity Zone.
The property is located at 301 11th Avenue North in Nampa, along 11th Ave N. It is approximately 1 minute from Downtown Nampa, 3 minutes from I-84, and 20 minutes from Boise Airport, with access to Highway 16 Expressway. The site is also within a designated Opportunity Zone.
Key Highlights
- Fully sprinklered building constructed in 1976
- BC zoning supports the property's commercial use
- Dedicated monument signage along 11th Ave N
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$221,705
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,434,100
$4.4M
Cap Rate 7%
$3,167,214
$3.2M
Cap Rate 9%
$2,463,389
$2.5M
Market Conditions
NOI Build-Up for 25,800 SF
Gross rent
$340.6K $13.20/SF
− Vacancy
−$23.8K −$0.92/SF
EGI
$316.7K $12.28/SF
− OpEx
−$95.0K −$3.68/SF
NOI
$221.7K $8.59/SF
Area
Nampa, ID
Vacancy
7.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,434,100
Cap Rate 7%
$3,167,214
Cap Rate 9%
$2,463,389
Alternative Uses
Best Use
Retail
$4.41M
$3.86M – $5.15M
NOI $308,826 @ 7.0% cap · market cap 11.88%
Second Best
Industrial
$3.17M
$2.77M – $3.70M
NOI $221,705 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$6.53M
$5.71M – $7.61M
NOI $456,846 @ 7.0% cap · market cap 17.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Explore this area
Business Placement
Demographics for 83687, ID
37,254
Population
14,484
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
91%
High-School Grad
49.4 sq mi
ZIP Area
754
Density / Sq Mi
$72,294
Median Household Income
$40,328
Median Earnings
$1,416
Median Rent
$369,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property with monument signage, BC zoning, and proximity to downtown, interstate, and regional transportation routes.
Where is this retail space located?
The property is located at High-Visibility Commercial Mixed-Used Opportunity Nampa, ID.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Fully sprinklered building constructed in 1976; BC zoning supports the property's commercial use; Dedicated monument signage along 11th Ave N
