New Construction Warehouse
For Sale
$280,000
4751 Ustick Rd, Nampa, ID 83687
Climate-controlled commercial space with gated access and shared clubhouse amenities.
Property Size1,350 SF
Price / SF$207.41
Days on Market21
Property Features for 4751 Ustick Rd
General Information
Standard status
Active
Size
1,350 SF
Building Details
Year Built
2025
Listing Agency:
TOK Commercial
(208) 947-0815
Listed By:
Mike Ballantyne · License #DB18541
Source:
Truenorthrealestategroupllc
Added: Aug 12
Changed: Aug 28
Last Checked: Aug 30 at 8:33PM
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 TOK Commercial
Investment Insights
Based on property information with market context.
Completed in 2025, this 1,350-square-foot warehouse unit provides flexible commercial storage space with an 18-foot clear height and a 14-foot by 16-foot roll-up door. Climate control supports a range of storage needs, while the newly constructed design is intended for low-maintenance operation. The unit is currently leased, and the property carries a 6.84% cap rate.
The facility is located at 4751 Ustick Rd in Nampa, within the Meridian/Star corridor. Gated entry and security cameras support controlled access. Shared amenities include a clubhouse with Wi-Fi, a kitchen, restrooms, and a shower. The future Highway 16 extension is identified as an additional access improvement serving the area.
The facility is located at 4751 Ustick Rd in Nampa, within the Meridian/Star corridor. Gated entry and security cameras support controlled access. Shared amenities include a clubhouse with Wi-Fi, a kitchen, restrooms, and a shower. The future Highway 16 extension is identified as an additional access improvement serving the area.
Key Highlights
- 1,350 SF warehouse unit completed in 2025
- 18’ clear height with a 14’ x 16’ roll‑up door
- Climate‑controlled space with flexible storage capability
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
$14,087
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
5.03%
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%
$281,740
$281.7K
Cap Rate 7%
$201,243
$201.2K
Cap Rate 9%
$156,522
$156.5K
Market Conditions
NOI Build-Up for 1,350 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
$17.8K $13.20/SF
− Vacancy
−$1.2K −$0.92/SF
EGI
$16.6K $12.28/SF
− OpEx
−$2.5K −$1.84/SF
NOI
$14.1K $10.43/SF
Area
Nampa, ID
Vacancy
7.00%
Lease Rate
$13.20 /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%
$281,740
Cap Rate 7%
$201,243
Cap Rate 9%
$156,522
Alternative Uses
Best Use
Warehouse
$201.2K
$176.1K – $234.8K
NOI $14,087 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$341.5K
$298.8K – $398.4K
NOI $23,905 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83687, ID
37,254
Population
14,484
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
91%
High-School Grad
49.4 sq mi
ZIP Area
754
Density / Sq Mi
$72,294
Median Household Income
$40,328
Median Earnings
$1,416
Median Rent
$369,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Club Storage Condos — 4751 W Ustick Rd, Meridian, ID 83646
- Star RV Boat Trailer Storage — 4190 Star Rd, Meridian, ID 83646
Frequently Asked Questions
What type of property is this?
Warehouse - Climate-controlled commercial space with gated access and shared clubhouse amenities.
Where is this warehouse located?
The property is located at 4751 Ustick Rd Nampa, ID.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,350 SF warehouse unit completed in 2025; 18’ clear height with a 14’ x 16’ roll‑up door; Climate‑controlled space with flexible storage capability
