End-Cap Office
For Sale
$380,000
3746 E Amity Avenue, Nampa, ID 83687
Commercial Sale, Nampa, ID
Property Size1,225 SF
Price / SF$310.20
Days on Market1122
Property Features for 3746 E Amity Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Lawn Sprinklers
Standard status
Active
APN
R31801010
Size
1,225 SF
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
private front entrance
reception area
four offices
kitchen with granite countertops
private restroom
Building Details
Number of units
4
Building materials
Frame
Roof type
Flat
Listing Agency:
KW Commercial · Keller Williams Realty
(208) 475-1313
Listed By:
Jason Knorpp · License #SP41881
(208) 283-8121
Added: Aug 1, 2023
Changed: Aug 23
Last Checked: Aug 26 at 2:06AM
MLS# 98994371
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.
This 1225-square-foot office condominium is planned with a dedicated front entry, reception area, four private offices, a kitchen finished with granite countertops, and a private restroom. The unit is part of an office, retail, and medical condominium development, with multiple units available and the option to combine spaces for a larger configuration.
The property is located at 3746 E Amity Avenue in Nampa, Idaho. Building features include frame construction, a flat roof, forced-air heating, and central air conditioning.
The property is located at 3746 E Amity Avenue in Nampa, Idaho. Building features include frame construction, a flat roof, forced-air heating, and central air conditioning.
Key Highlights
- 1225 SF office condominium with an end‑cap configuration
- Private front entrance with reception area
- Four offices, kitchen with granite countertops, and private restroom
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
$15,821
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
4.16%
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%
$316,420
$316.4K
Cap Rate 7%
$226,014
$226.0K
Cap Rate 9%
$175,789
$175.8K
Market Conditions
NOI Build-Up for 1,225 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
$25.7K $21.00/SF
− Vacancy
−$4.6K −$3.78/SF
EGI
$21.1K $17.22/SF
− OpEx
−$5.3K −$4.31/SF
NOI
$15.8K $12.92/SF
Area
Nampa, ID
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
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%
$316,420
Cap Rate 7%
$226,014
Cap Rate 9%
$175,789
Alternative Uses
Best Use
Office B
$226.0K
$197.8K – $263.7K
NOI $15,821 @ 7.0% cap · market cap 4.16%
Second Best
Healthcare Medical
$221.4K
$193.8K – $258.4K
NOI $15,501 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$309.9K
$271.1K – $361.5K
NOI $21,691 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
86
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Private entrance, reception area, kitchen, and restroom support a flexible office layout.
Where is this office units located?
The property is located at 3746 E Amity Avenue Nampa, ID.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 1225 SF office condominium with an end‑cap configuration; Private front entrance with reception area; Four offices, kitchen with granite countertops, and private restroom
