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Flexible Office Building
For Sale
$799,500

812 S 1st, Nampa, ID 83651

Downtown office property with private workrooms, conference facilities, flexible workspace, and support areas.

Property Size3,484 SF
Price / SF$229.48
Days on Market55

Property Features for 812 S 1st

General Information

Standard status Active
Size 3,484 SF

Building Details

Year Built 1999
Listing Agency: KW Commercial
Listed By: Jason Knorpp · License #SP41881
Source: Noplacelikeidaho
Added: Aug 22 Changed: Oct 6 Last Checked: Oct 7 at 5:03PM

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 KW Commercial

Investment Insights

Based on property information with market context.

This 3,484-square-foot office property, built in 1999, provides a practical mix of dedicated and collaborative workspace. The interior includes 7 private offices, 2 conference rooms, open flex space, a break room, and storage, creating a layout suited to a range of office operations.

The building is positioned in downtown Nampa at 812 S 1st, Nampa, ID 83651. The property is available for sale or lease, offering flexibility for an owner-user or an occupying business seeking a defined office environment.

Key Highlights

  • 3,484 square feet of office space
  • 7 private offices
  • 2 conference rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,996
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,920 $899.9K
Cap Rate 7%
$642,800 $642.8K
Cap Rate 9%
$499,956 $500.0K
Market Conditions
NOI Build-Up for 3,484 SF
Gross rent
$73.2K $21.00/SF
− Vacancy
−$13.2K −$3.78/SF
EGI
$60.0K $17.22/SF
− OpEx
−$15.0K −$4.31/SF
NOI
$45.0K $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%
$899,920
Cap Rate 7%
$642,800
Cap Rate 9%
$499,956

Alternative Uses

Best Use
Office B
$642.8K
$562.5K – $749.9K (±1% cap)
NOI $44,996 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$881.3K
$771.2K – $1.03M (±1% cap)
NOI $61,692 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Forage Genetics International ... Agricultural Supply ICARE Supported Living, ... Home Health Care Service Account Billing Services ... Accounting Firm

Suggested Use

Top Pick Storage Facility Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Wine and Liquor Store Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,533
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Downtown office property with private workrooms, conference facilities, flexible workspace, and support areas.
Where is this office building located?
The property is located at 812 S 1st Nampa, ID.
What is the asking price?
The asking price for this property is $799,500.
What are key features of this property?
This property features: 3,484 square feet of office space; 7 private offices; 2 conference rooms
More about this property
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