Mixed-Use Property in Caldwell,
2609 S 10th Ave Caldwell, ID 83605
2609 S 10th Ave, Caldwell, ID, 83605
Contact for pricing
For Sale
Contact for pricing
Mixed-use property with retail and office spaces for sale.
Property Size7,121 SF
Lot Size0.60 Acres
Price / SF$294.90
Days on Market876
Property Features for 2609 S 10th Ave
General Information
- Standard status
- Active
- Size
- 7,121 SF
- Lot size
- 0.60 Acres
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 2007
Listing agency
Cushman & Wakefield - Boise, Idaho
(208) 941-9568
Listed by
Bree Wells · License #ID SP48431
Source
Crexi
Added: Feb 26, 2024 Updated: Jul 6 at 8:14AM Checked: Jul 17 at 2:24PM
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 Cushman & Wakefield - Boise, Idaho
Investment Insights
Based on property information with market context.
This mixed-use property, constructed in 2007, features a building size of 7,121 square feet situated on a 0.6-acre parcel. The property includes approximately 28 parking stalls. The zoning is C-1 - Neighborhood Commercial. The NOI is $134,156, representing a 6.16% CAP. The parcel number is R3579011500.
Key Highlights
- High NOI: $134,156 makes this an attractive investment opportunity.
- 6.16% CAP Rate.
- NNN Lease Type.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.5k | $21.00 |
| − Vacancy | −$17.9k | −$2.52 |
| EGI | $131.6k | $18.48 |
| − OpEx | −$32.9k | −$4.62 |
| NOI | $98.7k | $13.86 |
7,121 SF · lease $21.00/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.41M
$1.23M – $1.64M
NOI $98,697 @ 7.0% cap · market cap 4.70%
Second Best
Retail
$1.28M
$1.12M – $1.49M
NOI $89,312 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,768 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Four Rivers Mental ...
Crisis Center
Lifeways
Crisis Center
Marco's Pizza
Restaurant
Yolanda Ponder
Foster Care Service
Jordyn Oliver
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail and office spaces for sale.
Where is this mixed-use property located?
The property is located at 2609 S 10th Ave Caldwell, ID.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: High NOI: $134,156 makes this an attractive investment opportunity.; 6.16% CAP Rate.; NNN Lease Type.
