Two-Building Flex
3721 & 3803 Newby, Nampa, ID 83687
For Sale
$4,500,000
Pending
Commercial Sale, Nampa, ID
Property Size18,360 SF
Lot Size0.94 Acres
Days on Market164
Property Features for 3721 & 3803 Newby
General Information
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Zoning description
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Building Details
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Buildings
Listing Agency:
Coldwell Banker Tomlinson · Coldwell Banker Real Estate
(208) 336-3393
Listed By:
Rick Mcgraw · License ID AB17400
(208) 880-8889
Added: Jun 1
Changed: Oct 25
Last Checked: Nov 11 at 12:06AM
MLS# 98988476
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.
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Investment Insights
Based on property information with market context.
This flex-space offering includes two separate light-industrial buildings totaling 18,360 square feet. Each building contains 9,160 square feet on its own 0.47-acre parcel, providing a two-building, multi-tenant configuration. The properties were constructed in 2022 with masonry walls, concrete flooring, rolled hot-mop roofs, and natural gas availability. Cooling is provided by window and wall/window units.
Located at 3721 & 3803 Newby in Nampa, Idaho, the buildings are zoned Light Industrial. Each property is equipped with 1,000 amps of three-phase power, supporting a range of industrial and flex-space operations. The combined site encompasses 0.94 acres.
Located at 3721 & 3803 Newby in Nampa, Idaho, the buildings are zoned Light Industrial. Each property is equipped with 1,000 amps of three-phase power, supporting a range of industrial and flex-space operations. The combined site encompasses 0.94 acres.
Key Highlights
- Two 9,160 SF buildings totaling 18,360 square feet
- Each building sits on a separate 0.47‑acre parcel
- Light Industrial zoning with multi‑tenant configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$183,449
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,668,980
$3.7M
Cap Rate 7%
$2,620,700
$2.6M
Cap Rate 9%
$2,038,322
$2.0M
Market Conditions
NOI Build-Up for 18,360 SF
Gross rent
$308.4K $16.80/SF
− Vacancy
−$26.2K −$1.43/SF
EGI
$282.2K $15.37/SF
− OpEx
−$98.8K −$5.38/SF
NOI
$183.4K $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%
$3,668,980
Cap Rate 7%
$2,620,700
Cap Rate 9%
$2,038,322
Alternative Uses
Best Use
Flex RnD
$2.62M
$2.29M – $3.06M
NOI $183,449 @ 7.0% cap · market cap 4.08%
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 authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Balanced
Demand for This Use
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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
$369,700
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Canyon County, ID
Properties on Market for Flex space in Canyon County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Light-industrial buildings offer multi-tenant configuration with masonry construction and three-phase electrical service.
Where is this flex space 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 9,160 SF buildings totaling 18,360 square feet; Each building sits on a separate 0.47‑acre parcel; Light Industrial zoning with multi‑tenant configuration
