48-Unit Mixed-Use
For Sale
$379,900
3794 E Amity Avenue, Nampa, ID 83687
Commercial Sale, Nampa, ID
Property Size1,890 SF
Price / SF$201.01
Days on Market11
Property Features for 3794 E Amity Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Lawn Sprinklers
Standard status
Active
APN
R31801010
Size
1,890 SF
Building Details
Number of units
4
Roof type
Flat
Listing Agency:
KW Commercial · Keller Williams Realty
(208) 475-1313
Listed By:
Jason Knorpp · License #SP41881
(208) 283-8121
Added: Aug 13
Changed: Aug 23
Last Checked: Aug 23 at 3:06PM
MLS# 98997303
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 mixed-use property comprises 48 individual commercial units ranging from 1,400 to 1,890 square feet. Units may be combined to create larger configurations, and buyers have the opportunity to customize their spaces for business objectives. Multiple units are available for purchase, providing flexibility for businesses seeking individual ownership within a larger commercial setting.
The property is positioned at the intersection of E Amity Avenue and Grays Lane in Nampa, Idaho. A flat roof serves the buildings, and the available configurations can accommodate both standalone units and expanded footprints created by combining spaces.
The property is positioned at the intersection of E Amity Avenue and Grays Lane in Nampa, Idaho. A flat roof serves the buildings, and the available configurations can accommodate both standalone units and expanded footprints created by combining spaces.
Key Highlights
- 48 individual commercial units
- Unit sizes range from 1,400 to 1,890 square feet
- Units can be combined for larger configurations
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
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-unit commercial spaces support individual occupancy, combined configurations, and buyer-directed customization.
Where is this mixed-use property located?
The property is located at 3794 E 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 commercial units; Unit sizes range from 1,400 to 1,890 square feet; Units can be combined for larger configurations
