Flex Space with Drive-In Shop
For Sale
$299,900
Pending
412 3rd Street S, Nampa, ID 83651
Commercial Sale, Nampa, ID
Property Size1,990 SF
Lot Size0.07 Acres
Days on Market63
Property Features for 412 3rd Street S
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Sm Lot 5999 S F
Directions
From exit 36 for N. Franklin Blvd, sharp left onto N. Franklin Blvd, Take Northside Blvd to 3rd St S/Nampa-Caldwell Blvd.
Standard status
Pending
APN
144350000
Size
1,990 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Description
22-3N-2W SW Pleasant's Add Serly 65' of Lot 1 BLK 4
Legal Description
22-3N-2W SW Pleasant's Add Serly 65' of Lot 1 BLK 4
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Flooring type
Concrete
Building materials
Frame, Stucco
Roof type
Flat
Listing Agency:
LPT Realty
(360) 298-4624
Listed By:
Tim Smith · License #sp44114
(208) 810-8182
Added: Aug 5
Changed: Aug 31
Last Checked: Oct 6 at 10:06AM
MLS# 98996349
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 1,990-square-foot flex property combines customer-facing office space with a distinct rear shop or work area. A drive-in door accommodates vehicles or equipment, while concrete flooring, central air, natural-gas heating, a flat roof, and frame-and-stucco construction are in place.
The building is located at 412 3rd Street S in downtown Nampa, directly across from Nampa City Hall. Large storefront windows face the street, and a freestanding billboard is positioned in front of the property. The layout provides two functional areas within the building, supporting office and work-related operations in one location.
The building is located at 412 3rd Street S in downtown Nampa, directly across from Nampa City Hall. Large storefront windows face the street, and a freestanding billboard is positioned in front of the property. The layout provides two functional areas within the building, supporting office and work-related operations in one location.
Key Highlights
- 1,990 square feet configured as front office and rear shop/work areas
- Drive‑in shop door provides vehicle and equipment access
- Across from Nampa City Hall in downtown Nampa
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,701
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,020
$514.0K
Cap Rate 7%
$367,157
$367.2K
Cap Rate 9%
$285,567
$285.6K
Market Conditions
NOI Build-Up for 1,990 SF
Gross rent
$41.8K $21.00/SF
− Vacancy
−$7.5K −$3.78/SF
EGI
$34.3K $17.22/SF
− OpEx
−$8.6K −$4.31/SF
NOI
$25.7K $12.92/SF
Area
Nampa, ID
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,020
Cap Rate 7%
$367,157
Cap Rate 9%
$285,567
Alternative Uses
Best Use
Office B
$367.2K
$321.3K – $428.4K
NOI $25,701 @ 7.0% cap · market cap 8.57%
Second Best
Flex RnD
$284.1K
$248.6K – $331.4K
NOI $19,884 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$503.4K
$440.5K – $587.3K
NOI $35,237 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83651, ID
34,509
Population
14,031
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
86%
High-School Grad
15.9 sq mi
ZIP Area
2,170
Density / Sq Mi
$66,895
Median Household Income
$34,770
Median Earnings
$1,334
Median Rent
$312,500
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 Office in West region
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Similar Off Market Nearby
- H&M BBQ — 215 14th Ave S, Nampa, ID 83651
- Horsewood Catering — 422 Caldwell Blvd, Nampa, ID 83651
Frequently Asked Questions
What type of property is this?
Flex space - Front office space is paired with a separate rear work area offering vehicle access.
Where is this flex space located?
The property is located at 412 3rd Street S Nampa, ID.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,990 square feet configured as front office and rear shop/work areas; Drive‑in shop door provides vehicle and equipment access; Across from Nampa City Hall in downtown Nampa
