Storefront Property with
For Sale
Contact for pricing
703 2nd Street South, Nampa, ID 83651
GB2-zoned property along Nampa-Caldwell Boulevard with on-site parking and flexibility for retail or office use.
Property Size4,028 SF
Price / SF$148.96
Days on Market204
Property Features for 703 2nd Street South
General Information
Standard status
Active
Size
4,028 SF
Class
B
Property subtype
Retail, Office
Zoning
GB2
Building Details
Year Built
1900
Listing Agency:
TOK Commercial
Listed By:
Sean Edwards · License #58052
(425) 555-5555
Source:
Crexi
Added: Mar 27
Changed: Oct 15
Last Checked: Oct 14 at 11:47PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property offers 4,028 square feet of commercial space with a layout suited to retail or office occupancy. On-site parking supports day-to-day customer and employee access, while the existing storefront format provides a recognizable commercial presence along the corridor.
The property is located at 703 2nd St S in Nampa, within the Downtown Nampa redevelopment area and near the downtown core. It fronts Nampa-Caldwell Boulevard and carries GB2 zoning. Built in 1900, the property provides an established commercial building setting for users seeking a retail or office location.
The property is located at 703 2nd St S in Nampa, within the Downtown Nampa redevelopment area and near the downtown core. It fronts Nampa-Caldwell Boulevard and carries GB2 zoning. Built in 1900, the property provides an established commercial building setting for users seeking a retail or office location.
Key Highlights
- 4,028 square feet of commercial space
- GB2 zoning
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,022
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,440
$1.0M
Cap Rate 7%
$743,171
$743.2K
Cap Rate 9%
$578,022
$578.0K
Market Conditions
NOI Build-Up for 4,028 SF
Gross rent
$84.6K $21.00/SF
− Vacancy
−$15.2K −$3.78/SF
EGI
$69.4K $17.22/SF
− OpEx
−$17.3K −$4.31/SF
NOI
$52.0K $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%
$1,040,440
Cap Rate 7%
$743,171
Cap Rate 9%
$578,022
Alternative Uses
Best Use
Office B
$743.2K
$650.3K – $867.0K
NOI $52,022 @ 7.0% cap · market cap 8.67%
Second Best
Retail
$688.8K
$602.7K – $803.6K
NOI $48,215 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$1.02M
$891.6K – $1.19M
NOI $71,325 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,382
Businesses Nearby
Well-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
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Albertsons Floral — 715 12th Ave S, Nampa, ID 83651
- Nampa Floral — 1211 2nd St S, Nampa, ID 83651
- The Rose Petal Florist — 308 12th Ave S, Nampa, ID 83651
- Mother Of Nature — 1224 1st st s #201, nampa, id 83651
- Enchanted Flowers — 4655 Stamm Ln Building E, Unit 304, Nampa, ID 83687
Frequently Asked Questions
What type of property is this?
Storefront property - GB2-zoned property along Nampa-Caldwell Boulevard with on-site parking and flexibility for retail or office use.
Where is this storefront property located?
The property is located at 703 2nd Street South Nampa, ID.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 4,028 square feet of commercial space; GB2 zoning; On‑site parking
