Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    524 Cleveland Blvd Caldwell, ID 83605

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Office Space, Multiple Tenants

    Lot size:
    35,660 SF

    Property Features for 524 Cleveland Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,660 SF
    Total Rate
    44575

    Building Details

    Year Built
    2017

    Spaces For Lease

    at 524 Cleveland Blvd, Caldwell, ID 83605 Contact us
    Unit Suite 237

    $15 /Mo

    Size
    495 SF
    Contact us

    We can help!

    Listing Contact
    Drey Campbell
    Drey Campbell

    Listing Agent: Drey Campbell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 35,660 square foot office building, constructed in 2017, presents a unique investment opportunity in the heart of Caldwell, Idaho. Located at 524 Cleveland Blvd, zip code 83605, this property boasts a highly desirable downtown location, ensuring excellent visibility and accessibility. The building is zoned CC and features both traditional office and medical office space, making it suitable for a variety of uses. The multiple tenancy structure offers flexibility for diverse businesses or a single large entity. Its prime location offers high foot traffic and is conveniently situated adjacent to O'Reilly Auto Parts. The building's modern construction ensures efficient and comfortable workspace. The total square footage includes both main level and basement space, providing ample room for expansion or diverse tenant needs. This property represents a rare chance to acquire a well-located, versatile commercial building in a thriving Idaho community. The building's strategic placement within the vibrant downtown area promises strong potential for growth and return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bookkeeping by the Numbers Tax Preparation Idaho Vinyl Records (Bike/Boat/Book/etc) Store Treasure Valley Rehabilitation Physician Avalon Antiques LLC Home Decor Store Gina Femino Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.6924008
    Latitude
    43.665658

    Nearby Similar for Lease

    • $103,435
      7,183 SF

      New Industrial Building Near I-84

      New industrial building with modern office and expansive shop area.
      412 Millenium Park Ln Unit, Caldwell, ID 83605
      View Details
    • $14 SF/Yr
      21,270 SF

      Move-in Ready Office/Retail Space

      Versatile commercial space with ample parking in a bustling location.
      2805 Blaine St, Caldwell, ID 83605
      View Details
    • $15 SF/Yr

      Downtown Caldwell Versatile Space For Lease

      Basement and office space with high foot traffic and accessibility.
      524 Cleveland Blvd | Caldwell, Caldwell, ID 83605
      View Details
    • $45 SF/Yr

      Caldwell Retail/Mixed-Use Space Available

      Rare retail space with drive-thru capability in Caldwell, Idaho.
      3110 Cleveland Blvd, Caldwell, ID 83607
      View Details
    • $22 SF/Yr
      9,600 SF

      Indian Creek Plaza Retail/Office Space

      Retail/office space for lease in historic downtown Caldwell.
      619 Main St, Caldwell, ID 83605
      View Details
    • Contact for pricing
      5,375 SF

      Turn-Key Medical Office Building

      Stand-alone medical office near West Valley Medical Center.
      512 East Elm St, Caldwell, ID 83605
      View Details
    • Contact for pricing

      New Retail Development For Lease

      New retail development with high exposure and flexible zoning.
      5713 Cleveland Blvd, Caldwell, ID 83607
      View Details
    • $20 SF/Yr
      91,500 SF

      West Valley Medical Office Space

      Caldwell, ID: Class A Medical Office Suites
      1906 Fairview Ave, Caldwell, ID 83605
      View Details
    • $25 SF/Yr

      Renovated Retail Space in Caldwell

      Move-in ready retail space with Class A finishes and plaza frontage.
      712 Arthur St, Caldwell, ID 83605
      View Details
    • $20 SF/Yr
      3,964 SF

      Caldwell Retail Space For Lease

      Prime Caldwell location, 3,964 sqft.
      117 7Th Ave, Caldwell, ID 83605
      View Details
    • $20 SF/Yr
      91,500 SF

      Medical Office & Restaurant Space

      Medical office and restaurant space available in West Valley Medical Center.
      1906 E Fairview Ave, Caldwell, ID 83605
      View Details
    • $0.08 SF/Yr

      Office Flex Space with Yard

      Office flex space with yard and easy I-84 access.
      209 Phoenix Ln, Caldwell, ID 83607
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Office Space, Multiple Tenants
    Where is this medical office located?
    The property is located at 524 Cleveland Blvd Caldwell, ID.
    What is the lease rate?
    The lease rate is $0.00-$15 SF/Yr.
    What are key features of this property?
    This property features: Ample parking.; Versatile open space suitable for various uses.; High visibility location with 8,915 vehicles per day on Cleveland Blvd.
    (208) 319-1029 Call to check price and availability
    Request Owner's contact information
    524 Cleveland Blvd Caldwell, ID 83605
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    524 Cleveland Blvd
    Caldwell, ID 83605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    524 Cleveland Blvd Caldwell, ID 83605
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Drey Campbell
    Drey Campbell
    Real Estate License ID: 50545
    (208) 319-1029 (208) 440-1926
    Learn more
    Google sign-in failed. Please try again or use another login method.