Light Industrial Warehouse Twin
3721 & 3803 Newby Nampa, ID 83687
3721 & 3803 Newby, Nampa, ID, 83687
$4,500,000
For Sale
$4,500,000
Two 2022 block-constructed warehouses offer separate parcels, ample 1,000-amp 3-phase power, and multi-tenant flexibility.
Property Size18,360 SF
Lot Size0.94 Acres
Price / SF$245.10
Days on Market48
Property Features for 3721 & 3803 Newby
General Information
- Standard status
- Active
- Size
- 18,360 SF
- Lot size
- 0.94 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2022
Listing Agency
Clearwater Properties of Idaho
(208) 337-2201
Listed by
Rachel Cook
(208) 337-2201
Source
Homesofidaho
Added: Jun 1 Checked: Jul 17 at 12:47 pm
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 Clearwater Properties of Idaho
Investment Insights
Based on property information with market context.
Two light industrial warehouse buildings are offered for sale, each on its own separate 0.47-acre parcel. The property is designed as a multi-tenant setup, providing flexibility for leasing or a combination of occupancy and investment. Constructed in 2022 with high-quality block construction, the buildings provide a modern industrial configuration and durable exterior improvements. Each building is listed at 9,160 SF and is served by 1,000-amp service with 3-phase power.
The assets are located at 3721 & 3803 Newby in Nampa, Idaho. With both buildings zoned Light Industrial, the offering suits a range of industrial users seeking an ownership position with straightforward zoning alignment.
This is an attractive owner-user or investment opportunity, particularly for buyers who want the ability to control one or both buildings while maintaining income potential through multi-tenant leasing. The newer construction and robust electrical service support a variety of light industrial operations, and the separate parcels provide clearer ownership and operational separation across the two buildings.
The assets are located at 3721 & 3803 Newby in Nampa, Idaho. With both buildings zoned Light Industrial, the offering suits a range of industrial users seeking an ownership position with straightforward zoning alignment.
This is an attractive owner-user or investment opportunity, particularly for buyers who want the ability to control one or both buildings while maintaining income potential through multi-tenant leasing. The newer construction and robust electrical service support a variety of light industrial operations, and the separate parcels provide clearer ownership and operational separation across the two buildings.
Key Highlights
- Two light industrial warehouses for sale, each on separate 0.47‑acre parcels
- Each building offers 9,160 SF, for a total building area of 18,360 SF
- Built in 2022 with newer high‑quality block construction
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $242.4k | $13.20 |
| − Vacancy | −$17.0k | −$0.92 |
| EGI | $225.4k | $12.28 |
| − OpEx | −$33.8k | −$1.84 |
| NOI | $191.6k | $10.43 |
18,360 SF · lease $13.20/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.74M
$2.39M – $3.19M
NOI $191,579 @ 7.0% cap · market cap 4.26%
Second Best
Industrial
$2.25M
$1.97M – $2.63M
NOI $157,771 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$4.64M
$4.06M – $5.42M
NOI $325,104 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Two 2022 block-constructed warehouses offer separate parcels, ample 1,000-amp 3-phase power, and multi-tenant flexibility.
Where is this warehouse located?
The property is located at 3721 & 3803 Newby Nampa, ID.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Two light industrial warehouses for sale, each on separate 0.47‑acre parcels; Each building offers 9,160 SF, for a total building area of 18,360 SF; Built in 2022 with newer high‑quality block construction
