End-Cap Office
For Sale
$375,000
3752 E Amity Avenue, Nampa, ID 83687
Commercial Sale, Nampa, ID
Property Size1,225 SF
Price / SF$306.12
Days on Market572
Property Features for 3752 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
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: Jan 30, 2025
Changed: Aug 23
Last Checked: Aug 25 at 10:06AM
MLS# 98934672
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 office condo is planned as an end-cap unit measuring 1,225 square feet. The layout includes a dedicated exterior entrance, reception area, four private offices, a kitchen with granite countertops, and an individual restroom. Frame construction, a flat roof, forced-air heating, and central air are specified for the property.
The office condo is part of a broader office, retail, and medical condo development. Multiple units are available, with the option to combine units when additional space is needed.
The office condo is part of a broader office, retail, and medical condo development. Multiple units are available, with the option to combine units when additional space is needed.
Key Highlights
- 1,225‑square‑foot end‑cap office condo
- Private front entrance with reception area
- Four offices and a 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
4.22%
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 4.22%
Second Best
Healthcare Medical
$221.4K
$193.8K – $258.4K
NOI $15,501 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$309.9K
$271.1K – $361.5K
NOI $21,691 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
103
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 - Planned condo layout combines reception, four offices, a kitchen, and a private restroom.
Where is this office units located?
The property is located at 3752 E Amity Avenue Nampa, ID.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,225‑square‑foot end‑cap office condo; Private front entrance with reception area; Four offices and a private restroom
