Manufacturing Facility with
For Sale
$625,000
4418 N Osage St, Garden City, ID 83714
Combined parcels provide a functioning cabinet shop, sprinkler protection, and additional outdoor parking capacity.
Property Size3,560 SF
Days on Market38
Property Features for 4418 N Osage St
General Information
Standard status
Active
Size
3,560 SF
Property subtype
Industrial - Flex - Industrial
Additional Details
Business Included
Yes
Sprinkler System
Yes
Building Details
Building Size
3,560 SF
Year Built
1987
Listing Agency:
Lee & Associates Idaho
Listed By:
Gordan Clemens · License #58993–SP
Source:
Commercialcafe
Added: Aug 3
Changed: Sep 8
Last Checked: Aug 20 at 4:57AM
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 Lee & Associates Idaho
Investment Insights
Based on property information with market context.
This manufacturing property combines two parcels into a 3,560-square-foot facility configured as a functioning cabinet shop. The building is fully sprinklered and includes ample power for ongoing operations. Additional yard area provides space for parking, extending the property's usable footprint beyond the building itself.
Located at 4418 Osage Street in Garden City, the property sits near the Chinden Boulevard corridor and carries C-2 zoning. The existing cabinet-shop configuration and installed infrastructure support continued use in its current form.
Located at 4418 Osage Street in Garden City, the property sits near the Chinden Boulevard corridor and carries C-2 zoning. The existing cabinet-shop configuration and installed infrastructure support continued use in its current form.
Key Highlights
- 3,560‑square‑foot manufacturing facility configured as a functioning cabinet shop
- Two parcels combined into one property
- Fully sprinklered building
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
$31,329
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
5.01%
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%
$626,580
$626.6K
Cap Rate 7%
$447,557
$447.6K
Cap Rate 9%
$348,100
$348.1K
Market Conditions
NOI Build-Up for 3,560 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
$49.1K $13.80/SF
− Vacancy
−$4.4K −$1.23/SF
EGI
$44.8K $12.57/SF
− OpEx
−$13.4K −$3.77/SF
NOI
$31.3K $8.80/SF
Area
Ada County, ID
Vacancy
8.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$626,580
Cap Rate 7%
$447,557
Cap Rate 9%
$348,100
Alternative Uses
Best Use
Industrial
$447.6K
$391.6K – $522.2K
NOI $31,329 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$983.2K
$860.3K – $1.15M
NOI $68,822 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
Explore this area
Business Placement
Demographics for 83714, ID
26,181
Population
11,672
Households
2.2
Avg Household Size
43
Median Age
45%
College-Educated
94%
High-School Grad
54.2 sq mi
ZIP Area
483
Density / Sq Mi
$86,114
Median Household Income
$43,867
Median Earnings
$1,384
Median Rent
$468,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Combined parcels provide a functioning cabinet shop, sprinkler protection, and additional outdoor parking capacity.
Where is this manufacturing property located?
The property is located at 4418 N Osage St Garden City, ID.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 3,560‑square‑foot manufacturing facility configured as a functioning cabinet shop; Two parcels combined into one property; Fully sprinklered building
