Industrial Property with Excess
For Sale
Contact for pricing
Pending
1 Idea Way, Caldwell, ID 83605
Multi-functional industrial building suitable for manufacturing, warehousing, and office use.
Property Size59,252 SF
Lot Size5.21 Acres
Days on Market745
Property Features for 1 Idea Way
General Information
Standard status
Pending
Size
59,252 SF
Lot size
5.21 Acres
Property subtype
Industrial
Zoning
M-1 ( Light Industrial )
Investment Type
Owner/User
Building Details
Year Built
1987
Buildings
1
Stories
1
Listing Agency:
CBRE - Boise
Listed By:
Harry Sawyer, MSRE · License #SP43291
Source:
Crexi
Added: Oct 1, 2024
Changed: Oct 7
Last Checked: Oct 14 at 9:05PM
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 CBRE - Boise
Investment Insights
Based on property information with market context.
This industrial property offers an expansive, multi-functional space suitable for manufacturing, warehousing, and office use. The building has a size of 59,252 square feet and is situated on a 5.21-acre site. The property is zoned M-1 (Light Industrial). The property is positioned with access to major highways and surrounding business hubs, making it suitable for operations requiring transport links. It is located at 1 Idea Way, Caldwell, ID 83605.
Key Highlights
- Rare owner‑user opportunity with excess land.
- Prime I‑84 visibility in the Caldwell Submarket.
- Expansive, multi‑functional +59,252 SF building suitable for manufacturing, warehousing, and office use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$504,312
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,086,240
$10.1M
Cap Rate 7%
$7,204,457
$7.2M
Cap Rate 9%
$5,603,467
$5.6M
Market Conditions
NOI Build-Up for 59,252 SF
Gross rent
$746.6K $12.60/SF
− Vacancy
−$26.1K −$0.44/SF
EGI
$720.4K $12.16/SF
− OpEx
−$216.1K −$3.65/SF
NOI
$504.3K $8.51/SF
Area
Canyon County, ID
Vacancy
3.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,086,240
Cap Rate 7%
$7,204,457
Cap Rate 9%
$5,603,467
Alternative Uses
Best Use
Warehouse
$8.75M
$7.65M – $10.21M
NOI $612,378 @ 7.0% cap · market cap 10.65%
Second Best
Industrial
$7.20M
$6.30M – $8.41M
NOI $504,312 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$15.78M
$13.81M – $18.41M
NOI $1,104,732 @ 7.0% cap · market cap 19.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 83605, ID
38,561
Population
14,197
Households
2.7
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
24.6 sq mi
ZIP Area
1,568
Density / Sq Mi
$60,657
Median Household Income
$31,806
Median Earnings
$973
Median Rent
$300,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Multi-functional industrial building suitable for manufacturing, warehousing, and office use.
Where is this manufacturing property located?
The property is located at 1 Idea Way Caldwell, ID.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Rare owner‑user opportunity with excess land.; Prime I‑84 visibility in the Caldwell Submarket.; Expansive, multi‑functional +59,252 SF building suitable for manufacturing, warehousing, and office use.
