Industrial Building With Fenced
For Sale
Contact for pricing
3744 N Highway 16, Eagle, ID 83616
A compact industrial facility combines secured yard space with direct highway access and multiple grade-level doors.
Property Size4,200 SF
Price / SF$285.71
Days on Market13
Property Features for 3744 N Highway 16
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Industrial
Zoning
RUT
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
5
Building Details
Buildings
1
Tenancy
Single
Building Size
4,200 SF
Listing Agency:
TOK Commercial
Listed By:
Michael Arnold · License #ID
Source:
Crexi
Added: Jul 28
Changed: Aug 8
Last Checked: Aug 9 at 12:18PM
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 TOK Commercial
Investment Insights
Based on property information with market context.
The property includes a 4,200 SF industrial building with a fully fenced, compacted yard designed for vehicle movement and equipment handling. Five grade-level doors support loading and access, while the site’s configuration accommodates truck circulation for industrial operations. A pending CUP is also associated with the property, which is zoned RUT.
Located at 3744 N Highway 16 in Eagle, Idaho, the site has direct access from Highway 16 at N. Double S. Lane. Highway frontage provides exposure along the corridor, with access to the Highway 16 extension and regional logistics routes. The property is positioned near Boise and offers a combination of enclosed building area, secured outdoor storage, and highway connectivity.
Located at 3744 N Highway 16 in Eagle, Idaho, the site has direct access from Highway 16 at N. Double S. Lane. Highway frontage provides exposure along the corridor, with access to the Highway 16 extension and regional logistics routes. The property is positioned near Boise and offers a combination of enclosed building area, secured outdoor storage, and highway connectivity.
Key Highlights
- 4,200 SF industrial building on an industrial yard site
- Fully fenced and compacted yard
- Five grade‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,881
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$897,620
$897.6K
Cap Rate 7%
$641,157
$641.2K
Cap Rate 9%
$498,678
$498.7K
Market Conditions
NOI Build-Up for 4,200 SF
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.
Gross rent
$58.0K $13.80/SF
− Vacancy
−$5.2K −$1.23/SF
EGI
$52.8K $12.57/SF
− OpEx
−$7.9K −$1.89/SF
NOI
$44.9K $10.69/SF
Area
Ada County, ID
Vacancy
8.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$897,620
Cap Rate 7%
$641,157
Cap Rate 9%
$498,678
Alternative Uses
Best Use
Warehouse
$641.2K
$561.0K – $748.0K
NOI $44,881 @ 7.0% cap · market cap 3.74%
Second Best
Industrial
$528.0K
$462.0K – $616.0K
NOI $36,961 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,194 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 83616, ID
33,311
Population
13,756
Households
2.4
Avg Household Size
46
Median Age
53%
College-Educated
96%
High-School Grad
111.3 sq mi
ZIP Area
299
Density / Sq Mi
$118,013
Median Household Income
$58,728
Median Earnings
$1,752
Median Rent
$720,300
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?
Industrial property - A compact industrial facility combines secured yard space with direct highway access and multiple grade-level doors.
Where is this industrial property located?
The property is located at 3744 N Highway 16 Eagle, ID.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,200 SF industrial building on an industrial yard site; Fully fenced and compacted yard; Five grade‑level doors
