Mixed-Use Property with
New
For Sale
Contact for pricing
432 Caldwell Blvd, Nampa, ID 83651
Commercially zoned property with a business space, residence, garage, and separate shop/storage building.
Property Size4,287 SF
Price / SF$291.58
Days on Market4
Property Features for 432 Caldwell Blvd
General Information
Standard status
Active
Size
4,287 SF
Property subtype
RETAIL
Zoning
BC Commercial
Additional Details
Road Access
Yes
Listing Agency:
Lawrence Ross Commercial Real Estate LLC
Listed By:
Lawrence Ross · License #15564
(208) 861-9909
Source:
Moodyscre
Added: Sep 3
Changed: Sep 5
Last Checked: Sep 5 at 3:30PM
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 Lawrence Ross Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This mixed-use property combines a commercial business setting with residential use. The 4,287-square-foot improvement package includes a 2,279-square-foot main level, an 802-square-foot basement, a 506-square-foot finished garage, and a 700-square-foot shop/storage outbuilding. It is currently used for a flower shop and personal residence.
The property has full access and signage along Caldwell Blvd, along with surplus land that may support additional development. BC Commercial zoning is in place, and the building has previously been approved for daycare use. The existing configuration may also support office, retail, shop, or employee-housing conversion, subject to applicable approvals.
The property has full access and signage along Caldwell Blvd, along with surplus land that may support additional development. BC Commercial zoning is in place, and the building has previously been approved for daycare use. The existing configuration may also support office, retail, shop, or employee-housing conversion, subject to applicable approvals.
Key Highlights
- 4,287 SF total improvements
- 2,279 SF main level plus 802 SF basement
- 506 SF finished garage
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
$53,245
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
4.26%
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%
$1,064,900
$1.1M
Cap Rate 7%
$760,643
$760.6K
Cap Rate 9%
$591,611
$591.6K
Market Conditions
NOI Build-Up for 4,287 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
$92.6K $21.60/SF
− Vacancy
−$7.4K −$1.73/SF
EGI
$85.2K $19.87/SF
− OpEx
−$31.9K −$7.45/SF
NOI
$53.2K $12.42/SF
Area
Nampa, ID
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
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%
$1,064,900
Cap Rate 7%
$760,643
Cap Rate 9%
$591,611
Alternative Uses
Best Use
Mixed Use
$760.6K
$665.6K – $887.4K
NOI $53,245 @ 7.0% cap · market cap 4.26%
Second Best
Retail
$733.1K
$641.4K – $855.3K
NOI $51,315 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.08M
$948.9K – $1.27M
NOI $75,911 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 20%
Groceries 14%
Beauty & Spa 10%
Dutch Bros. Coffee
Dining
21,630 visits/mo
0.1 miles
State Liquor Store
Groceries
7,058 visits/mo
0.5 miles
Baskin-Robbins
Dining
5,931 visits/mo
0.1 miles
Chevron
Shops & Services
4,878 visits/mo
0.2 miles
Cosmoprof
Beauty & Spa
4,300 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned property with a business space, residence, garage, and separate shop/storage building.
Where is this mixed-use property located?
The property is located at 432 Caldwell Blvd Nampa, ID.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 4,287 SF total improvements; 2,279 SF main level plus 802 SF basement; 506 SF finished garage
