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    Property profile & analytics

    1106 Arthur St Caldwell, ID 83605

    • Residential income homes
    • 2,882 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US27-0402016
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1106 Arthur St

    Year built
    1
    Lot size
    0.14 lot acres
    Property size
    2,882 SF
    Property type
    Residential income homes
    APN
    R0475700000

    Description

    This exceptional new construction duplex, completed in 2023, presents a compelling investment opportunity in the heart of Caldwell, Idaho. Situated on a 0.14-acre lot at 1106 Arthur St, this Class A property boasts a total of 2,882 square feet, with each unit offering 3 bedrooms, 2.5 bathrooms, and a 2-car garage. The units feature modern, open-concept living spaces, gourmet kitchens, luxurious master suites, and convenient in-unit laundry. Located within walking distance of downtown Caldwell and Indian Creek Plaza, residents enjoy easy access to local amenities and attractions. Each unit is currently under a secured lease, providing immediate rental income. The property is offered fee simple, with an asking price of $590,000, representing $295,000 per unit and $204.72 per square foot. The property's Canyon County location (APN R0475700000, zip code 83605) and its prime downtown setting make it an attractive investment for both seasoned and new investors seeking strong rental returns in a thriving Idaho community. This is a turn-key opportunity with no ground lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.68463835689
    Latitude
    43.663322123001

    Comparable in this City

    • $210,000
      Pending

      Caldwell Home Near Indian Creek

      Two-bedroom home near downtown Caldwell and Indian Creek Plaza.
      2407 Cherry St, Caldwell, ID 83605
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    • $837,000
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      Renovated Triplex with Modern Finishes

      Fully renovated triplex with strong rental potential in Caldwell, ID.
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    • $6,631,000
      30,400 SF

      New Caldwell Townhome Community

      New townhome community near Indian Creek Plaza with modern amenities.
      2908 Bandit Ln, Caldwell, ID 83605
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    • $745,000
      4,945 SF

      Caldwell Quadruplex Investment Opportunity

      Four units with potential for five near Indian Creek Plaza.
      1616 Everett St, Caldwell, ID 83605
      View Details
    • $478,000
      Pending

      Renovated Farmhouse-Style Home Near Downtown

      Charming, renovated 3-bedroom home near downtown Caldwell, ideal for Airbnb.
      1510 Parker Ave, Caldwell, ID 83605
      View Details
    • $698,000
      3,282 SF

      New Caldwell Duplex Near Plaza

      New two-unit townhome near Indian Creek Plaza with modern amenities.
      2908 Bandit Ln, Caldwell, ID 83605
      View Details

    Similar Nearby for Sale

    • $210,000
      Pending

      Caldwell Home Near Indian Creek

      Two-bedroom home near downtown Caldwell and Indian Creek Plaza.
      2407 Cherry St, Caldwell, ID 83605
      View Details
    • $837,000
      2,850 SF

      Renovated Triplex with Modern Finishes

      Fully renovated triplex with strong rental potential in Caldwell, ID.
      2105 Airport Ave, Caldwell, ID 83605
      View Details
    • $6,631,000
      30,400 SF

      New Caldwell Townhome Community

      New townhome community near Indian Creek Plaza with modern amenities.
      2908 Bandit Ln, Caldwell, ID 83605
      View Details
    • $745,000
      4,945 SF

      Caldwell Quadruplex Investment Opportunity

      Four units with potential for five near Indian Creek Plaza.
      1616 Everett St, Caldwell, ID 83605
      View Details
    • $478,000
      Pending

      Renovated Farmhouse-Style Home Near Downtown

      Charming, renovated 3-bedroom home near downtown Caldwell, ideal for Airbnb.
      1510 Parker Ave, Caldwell, ID 83605
      View Details
    • $698,000
      3,282 SF

      New Caldwell Duplex Near Plaza

      New two-unit townhome near Indian Creek Plaza with modern amenities.
      2908 Bandit Ln, Caldwell, ID 83605
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      35,660 SF

      Downtown Caldwell Office Building

      Prime Office Space, Multiple Tenants
      524 Cleveland Blvd, Caldwell, ID 83605
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    • Contact for pricing
      5,000 SF

      Sky Ranch Warehouse Space Available

      Modern Warehouse, 2,500-5,000 SF
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      9,900 SF

      Prime Corner Location with Drive-Thru

      High-visibility 9,900 SF building with drive-thru in Caldwell, ID.
      2107 Blaine St, Caldwell, ID 83605
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    • Contact for pricing

      Caldwell Land for Lease

      Land available for lease in Caldwell, Idaho.
      Highway 20/26, Caldwell, ID 83605
      View Details
    • $1,000 /Mo
      5,000 SF

      Renovated Offices in Historic Building

      Turn-key offices in revitalized downtown Caldwell, ready for immediate occupancy.
      905 Main St, Caldwell, ID 83605
      View Details
    • Contact for pricing
      80,000 SF

      Development Land on Karcher Road

      Build-ready land near I-84 with high visibility and utilities.
      S Florida Ave, Caldwell, ID 83605
      View Details
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    1106 Arthur St
    Caldwell, ID 83605
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    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
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