Three-Building Industrial
For Sale
$5,200,000
4018 E Linden St, Caldwell, ID 83605
Commercial Sale, Caldwell, ID
Property Size28,000 SF
Lot Size3.44 Acres
Price / SF$185.71
Days on Market195
Property Features for 4018 E Linden St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
M-1 General Industrial
Lot features
1 - 4.99 Acres
Directions
Take I-84 to Caldwell, East on Highway 26 South on Aviation to Linden
Standard status
Active
APN
R3589701200
Size
28,000 SF
Lot size
3.44 Acres
Taxes and HOA fees
Tax Description
In Broker's File / Parcel R3589701200
Tax Annual Amount
39045
Legal Description
In Broker's File / Parcel R3589701200
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
2022
Floors in Building
1
Number of units
5
Flooring type
Concrete
Building materials
Masonry
Roof type
Metal
Listing Agency:
Coldwell Banker Tomlinson · Coldwell Banker Real Estate
(208) 336-3393
Listed By:
Rick Mcgraw · License #AB17400
(208) 880-8889
Added: Mar 2
Changed: Sep 13
Last Checked: Sep 13 at 2:06PM
MLS# 98976468
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 industrial property comprises three masonry buildings totaling 28,000 square feet on 3.44 acres. Constructed in 2022, the improvements feature concrete flooring, metal roofs, central air, and natural gas heating, with natural gas available at the property.
The property is located at 4018 E Linden St in Caldwell, Idaho 83605. The asset is 100% occupied and reports a 6.8% cap rate. Projected NOI for 2026 is $353,600.
The property is located at 4018 E Linden St in Caldwell, Idaho 83605. The asset is 100% occupied and reports a 6.8% cap rate. Projected NOI for 2026 is $353,600.
Key Highlights
- Three‑building industrial property totaling 28,000 square feet
- 3.44‑acre site at 4018 E Linden St, Caldwell, ID 83605
- 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
Industrial
$3.40M
$2.98M – $3.97M
NOI $238,316 @ 7.0% cap · market cap 4.58%
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial 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?
Industrial property - Masonry industrial complex with concrete floors, central air, and natural gas heating.
Where is this industrial property 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 property totaling 28,000 square feet; 3.44‑acre site at 4018 E Linden St, Caldwell, ID 83605; 100% occupied
