48-Unit Mixed-Use
New
For Sale
$379,900
3794 Amity Avenue, Nampa, ID 83687
Owner-oriented commercial units with flexible layouts and the option to combine spaces for larger operations.
Property Size1,890 SF
Price / SF$201.01
Days on Market2
Property Features for 3794 Amity Avenue
General Information
Standard status
Active
Size
1,890 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Listing Agency:
KW Commercial
(208) 672-9000
Listed By:
Jason Knorpp · License #SP41881
Source:
Clearwaterproperties
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 16 at 6:51AM
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 KW Commercial
Investment Insights
Based on property information with market context.
Amity Crossing is a mixed-use property comprising 48 individual commercial units, with sizes ranging from 1,400 to 1,890 square feet. Buyers can acquire space for their own operations rather than leasing, and multiple units may be combined to create larger configurations. Customization options are available for select units, allowing purchasers to adapt spaces to specific business requirements.
The property is positioned at the intersection of Amity Avenue and Grays Lane in Nampa, Idaho. Its unit-based format supports a range of business configurations, from individual suites to expanded footprints created by joining adjacent units.
The property is positioned at the intersection of Amity Avenue and Grays Lane in Nampa, Idaho. Its unit-based format supports a range of business configurations, from individual suites to expanded footprints created by joining adjacent units.
Key Highlights
- 48 individual units available for purchase
- Unit sizes range from 1,400 to 1,890 square feet
- Units can be combined to create larger spaces
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
$23,474
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
6.18%
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%
$469,480
$469.5K
Cap Rate 7%
$335,343
$335.3K
Cap Rate 9%
$260,822
$260.8K
Market Conditions
NOI Build-Up for 1,890 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
$40.8K $21.60/SF
− Vacancy
−$3.3K −$1.73/SF
EGI
$37.6K $19.87/SF
− OpEx
−$14.1K −$7.45/SF
NOI
$23.5K $12.42/SF
Area
Nampa, ID
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
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%
$469,480
Cap Rate 7%
$335,343
Cap Rate 9%
$260,822
Alternative Uses
Best Use
Mixed Use
$335.3K
$293.4K – $391.2K
NOI $23,474 @ 7.0% cap · market cap 6.18%
Second Best
Flex RnD
$269.8K
$236.1K – $314.8K
NOI $18,885 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$478.1K
$418.3K – $557.8K
NOI $33,467 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
43
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Owner-oriented commercial units with flexible layouts and the option to combine spaces for larger operations.
Where is this mixed-use property located?
The property is located at 3794 Amity Avenue Nampa, ID.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 48 individual units available for purchase; Unit sizes range from 1,400 to 1,890 square feet; Units can be combined to create larger spaces
