417 & 415 N 5th Avenue, Caldwell, ID 83605

Building Details

Building Size 4,000 SF More

Year Built 1975 More

Units 2 More

Listing Agency: RE/MAX Executives y***@idahohomeshop.com Show Phone

Listed By: Veronica Hernandez · License ID #39984 Show Phone

Source: Idahofarmandhome

Added: Nov 10 Changed: Nov 11 Last Checked: Nov 11 at 7:18PM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 4,000-square-foot mixed-use property, built in 1975, combines food-service space with a leased market component. The restaurant space can be occupied after closing, while Hacienda Market’s existing lease provides a separate rental component. Select equipment, fixtures, and furniture are included in the sale; the La Cocina business name is excluded.

The property is at 415 and 417 N 5th Avenue in downtown Caldwell, near I-84 and Indian Creek Plaza. An on-site advertising sign is available for use.

Key Highlights

• 4,000‑square‑foot mixed‑use property built in 1975
• Hacienda Market lease in place
• Restaurant space available for occupancy after closing

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$58,316

Cap Rate

4.86%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,166,320 $1.2M

Cap Rate 7%

$833,086 $833.1K

Cap Rate 9%

$647,956 $648.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,000 SF

Gross rent

$80.2K $20.04/SF

− Vacancy

−$2.4K −$0.60/SF

EGI

$77.8K $19.44/SF

− OpEx

−$19.4K −$4.86/SF

NOI

$58.3K $14.58/SF

Area

Canyon County, ID

Vacancy

3.00%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,166,320

Cap Rate 7%

$833,086

Cap Rate 9%

$647,956

Alternative Uses

Best Use

Specialty Retail

$833.1K

$729.0K – $971.9K (±1% cap)

NOI $58,316 @ 7.0% cap · market cap 4.86%

Second Best

Retail

$716.7K

$627.1K – $836.1K (±1% cap)

NOI $50,168 @ 7.0% cap · market cap 4.18%

Theoretical Best

Office A

$1.07M

$932.2K – $1.24M (±1% cap)

NOI $74,579 @ 7.0% cap · market cap 6.21%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

El Alcatrz Restaurant Elizas Mexican Restaurant Restaurant LCMR Co. / La ... Restaurant

Suggested Use

Top Pick Dental Office Parking Lot & Garage Locksmith Carpet & Flooring Store Furniture & Home Goods Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

811

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

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - An occupied market lease accompanies restaurant space available for occupancy after closing.

Where is this mixed-use property located?

The property is located at 417 & 415 N 5th Avenue Caldwell, ID.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 4,000‑square‑foot mixed‑use property built in 1975; Hacienda Market lease in place; Restaurant space available for occupancy after closing