Warehouse with Cold
For Sale
$2,795,000
4074 N 2000 E, Filer, ID 83328
Commercial Sale, Filer, ID
Property Size24,557 SF
Lot Size14.44 Acres
Price / SF$113.82
Days on Market81
Property Features for 4074 N 2000 E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Ag
Parking
100
Exterior features
Dock
Fencing
Fenced
Accessibility
Accessible Approach with Ramp
Lot features
10 - 19.9 Acres, Lawn Sprinklers
Directions
From Hwy 30, north on 2000 E. or South from 4100 E on 2000 E.
Standard status
Active
APN
RP10S15E013300
Size
24,557 SF
Lot size
14.44 Acres
Taxes and HOA fees
Tax Annual Amount
4558
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Propane (Heating)
Cooling system
Central Air
Water source
Well
Amenities
conference room
break room
Building Details
Year built
1992
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Berkshire Hathaway HomeServices Idaho Homes & Properties · Prudential Real Estate
(208) 733-5336
Listed By:
Mandi Riddle · License #DB32412
(208) 539-1230
Added: Jun 25
Changed: Sep 13
Last Checked: Sep 13 at 2:06PM
MLS# 98991720
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 warehouse property occupies 14.44 acres and includes approximately 12,416 SF of heated warehouse space, 6,224 SF of refrigerated cold storage, and 3,917 SF of remodeled office area. The office layout includes private offices, a conference room, break room, and multi-stall restrooms, with an additional 2,000 SF office building on the site. Improvements also include concrete flooring, metal siding, a metal roof, central air, and propane heating.
The property is located at 4074 N 2000 E near Hwy 30 between Filer and Buhl. Four loading docks, two drive-in overhead doors, a separate south bay with its own drive-in door, two large entrances, parking, and fenced yard areas support warehouse and distribution operations. The site is zoned AG and includes substantial power, two wells, septic service, 9 Twin Falls Canal Company water shares, and .404 cfs of commercial water rights.
The property is located at 4074 N 2000 E near Hwy 30 between Filer and Buhl. Four loading docks, two drive-in overhead doors, a separate south bay with its own drive-in door, two large entrances, parking, and fenced yard areas support warehouse and distribution operations. The site is zoned AG and includes substantial power, two wells, septic service, 9 Twin Falls Canal Company water shares, and .404 cfs of commercial water rights.
Key Highlights
- 14.44‑acre warehouse property with 24,557 SF of improvements
- Approximately 12,416 SF of heated warehouse space
- 6,224 SF of refrigerated cold storage with room to add more
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
$190,100
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
6.80%
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%
$3,802,000
$3.8M
Cap Rate 7%
$2,715,714
$2.7M
Cap Rate 9%
$2,112,222
$2.1M
Market Conditions
NOI Build-Up for 24,557 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
$229.9K $9.36/SF
− Vacancy
−$6.2K −$0.25/SF
EGI
$223.6K $9.11/SF
− OpEx
−$33.5K −$1.37/SF
NOI
$190.1K $7.74/SF
Area
Twin Falls County, ID
Vacancy
2.70%
Lease Rate
$9.36 /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%
$3,802,000
Cap Rate 7%
$2,715,714
Cap Rate 9%
$2,112,222
Alternative Uses
Best Use
Warehouse
$2.72M
$2.38M – $3.17M
NOI $190,100 @ 7.0% cap · market cap 6.80%
Second Best
Industrial
$2.15M
$1.89M – $2.51M
NOI $150,841 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$5.63M
$4.93M – $6.57M
NOI $394,342 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Dock-high doors
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83328, ID
6,230
Population
2,518
Households
2.5
Avg Household Size
37
Median Age
21%
College-Educated
86%
High-School Grad
67.3 sq mi
ZIP Area
93
Density / Sq Mi
$62,273
Median Household Income
$35,841
Median Earnings
$1,131
Median Rent
$293,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Versatile warehouse property with refrigerated storage, loading infrastructure, office improvements, and fenced yard space.
Where is this warehouse located?
The property is located at 4074 N 2000 E Filer, ID.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: 14.44‑acre warehouse property with 24,557 SF of improvements; Approximately 12,416 SF of heated warehouse space; 6,224 SF of refrigerated cold storage with room to add more
