Multi-Building Industrial
For Sale
$5,200,000
4018 E Linden St, Caldwell, ID 83605
Three-building industrial property offered for sale with 100% occupancy.
Property Size28,000 SF
Days on Market51
Property Features for 4018 E Linden St
General Information
Standard status
Active
Size
28,000 SF
Property subtype
Industrial
Occupancy
100%
Additional Details
Cap Rate
6.5%
Building Details
Building Size
28,000 SF
Year Built
2022
Listing Agency:
Coldwell Banker Commercial Tomlinson Associated Brokers Eagle
Listed By:
Rick McGraw · License #AB17400
(208) 880-8889
Source:
Cbcworldwide
Added: Jul 18
Changed: Sep 2
Last Checked: Sep 6 at 3:47AM
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 Coldwell Banker Commercial Tomlinson Associated Brokers Eagle
Investment Insights
Based on property information with market context.
This three-building industrial investment property is offered for sale as part of a 100% occupied portfolio. The offering consists of multiple industrial buildings totaling approximately 28,000 square feet, positioned to provide steady tenant occupancy under current leases.
The property is located at 4018 E Linden St in Caldwell, Idaho.
The seller’s materials indicate a 6.5% cap rate and full occupancy at the time of listing.
The property is located at 4018 E Linden St in Caldwell, Idaho.
The seller’s materials indicate a 6.5% cap rate and full occupancy at the time of listing.
Key Highlights
- Three‑building industrial investment property
- Year built: 2022
- 100% occupied
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
$289,384
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
5.57%
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%
$5,787,680
$5.8M
Cap Rate 7%
$4,134,057
$4.1M
Cap Rate 9%
$3,215,378
$3.2M
Market Conditions
NOI Build-Up for 28,000 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
$352.8K $12.60/SF
− Vacancy
−$12.3K −$0.44/SF
EGI
$340.5K $12.16/SF
− OpEx
−$51.1K −$1.82/SF
NOI
$289.4K $10.34/SF
Area
Canyon County, ID
Vacancy
3.50%
Lease Rate
$12.60 /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%
$5,787,680
Cap Rate 7%
$4,134,057
Cap Rate 9%
$3,215,378
Alternative Uses
Best Use
Warehouse
$4.13M
$3.62M – $4.82M
NOI $289,384 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.46M
$6.53M – $8.70M
NOI $522,050 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83605, ID
38,561
Population
14,197
Households
2.7
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
24.6 sq mi
ZIP Area
1,568
Density / Sq Mi
$60,657
Median Household Income
$31,806
Median Earnings
$973
Median Rent
$300,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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- Republic Storage Linden — 3203 E Linden St, Caldwell, ID 83605
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Frequently Asked Questions
What type of property is this?
Warehouse - Three-building industrial property offered for sale with 100% occupancy.
Where is this warehouse located?
The property is located at 4018 E Linden St Caldwell, ID.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Three‑building industrial investment property; Year built: 2022; 100% occupied
