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

    9778 Cherry Ln Nampa, ID 83651

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    New construction, flexible space, prime Nampa location.

    Lot size:
    142,440 SF

    Property Features for 9778 Cherry Ln

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    142,440 SF
    Total Rate
    142440

    Spaces For Lease

    at 9778 Cherry Ln, Nampa, ID 83651 Contact us
    Unit Available Space

    $12 /Mo

    Size
    25,000 SF
    Contact us

    We can help!

    Listing Contact
    Chris Pearson
    Chris Pearson

    Listing Agency: TOK Commercial Listing Agent: Chris Pearson

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

    Learn more

    Overview

    This exceptional new construction industrial warehouse in Nampa's Cherry Lane Industrial Park offers 142,440 square feet of immediately available space, divisible to a minimum of 5,000 square feet and with a maximum contiguous space of 97,440 square feet. The property boasts a 26-foot ceiling height, ideal for various industrial uses. Power is provided by a robust 120/208 2000 Amps 3-phase system. The park is strategically located in Canyon County, directly across from St. Luke's Medical Center, providing excellent visibility and accessibility. Its convenient location offers easy access to Interstate 84 via Midland Boulevard, placing businesses within close proximity to major transportation routes. Furthermore, the property benefits from its proximity to the Karcher Interchange and the Treasure Valley Marketplace, a significant 700,000 square foot regional shopping center featuring a diverse range of retail and dining options, including a Costco Wholesale. The property is zoned for Light Industrial use and offers drive-thru capability, enhancing operational efficiency. This master-planned industrial park presents a rare opportunity for businesses seeking modern, flexible, and strategically located warehouse space in a thriving Nampa market. The entire 142,440 square feet is currently vacant and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.6132313
    Latitude
    43.5896264

    Nearby Similar for Lease

    • $22 SF/Yr
      1,225 SF

      New Retail/Office Condo in Nampa

      New construction retail/office condo in Nampa, ready for occupancy.
      3764 E Amity Ave, Nampa, ID 83687
      View Details
    • Contact for pricing
      126,770 SF

      Nampa Industrial Distribution Warehouses

      Prime industrial distribution warehouses in Nampa, ID with immediate availability.
      5350 East Franklin Rd, Nampa, ID 83687
      View Details
    • Contact for pricing
      355,989 SF

      Nampa, ID Commercial Space

      355,989 SF Multi-Tenant Property
      1509 Caldwell Blvd, Nampa, ID 83651
      View Details
    • Contact for pricing
      5,654 SF

      Medical Office Space Sublease

      Class A medical office space available for immediate occupancy.
      215 E Hawaii Ave, Nampa, ID 83686
      View Details
    • Contact for pricing
      1,960 SF

      Nampa Office Space Available

      Move-in ready office space in Nampa's Park Centre Business Park.
      915 Parkcentre Way, Nampa, ID 83651
      View Details
    • Contact for pricing
      439,600 SF

      Nampa Industrial Warehouse Space

      Class A warehouse, 34,740 sq ft available.
      5300 Franklin Rd, Nampa, ID 83687
      View Details
    • Contact for pricing
      81,536 SF

      Madison Logistics Center: Building B

      Modern Industrial Space For Lease
      16685 Madison Rd, Nampa, ID 83687
      View Details
    • $1.15 SF/Yr
      9,280 SF

      Warehouse Space Near Interstate

      Warehouse space with easy interstate access and signage opportunities.
      3615 E Newby St, Nampa, ID 83687
      View Details
    • $1.01 SF/Yr
      8,500 SF

      Newly Built Industrial Building Sublease

      8,500 SF industrial building for sublease in Nampa, Idaho.
      Nampa Blvd, Nampa, ID 83687
      View Details
    • $23 SF/Yr
      900 SF

      Nampa Executive Office Suite Available

      Class A Office, 900 sq ft, Nampa, ID
      0 Nwc Ustick Rd & Midland Blvd, Nampa, ID 83687
      View Details
    • $13 SF/Yr
      9,280 SF

      Nampa Industrial Warehouse Space

      9,280 SF Warehouse, 1,856 SF Available
      3624 Newby St, Nampa, ID 83687
      View Details
    • $19,200 /Mo
      2,400 SF

      Nampa Warehouse Space Available

      2,400 SF Warehouse, Ideal Location
      1249 Midland Blvd, Nampa, ID 83651
      View Details

    FAQs

    What type of property is this?
    Distribution property - New construction, flexible space, prime Nampa location.
    Where is this distribution property located?
    The property is located at 9778 Cherry Ln Nampa, ID.
    What is the lease rate?
    The lease rate is $0.00-$12 SF/Yr.
    What are key features of this property?
    This property features: 142,440 SF industrial warehouse space available for lease in Nampa, Canyon County.; Multiple tenants possible, with spaces ranging from 5,000 to 97,440 contiguous SF.; Entire building (142,440 SF) currently vacant.
    Request Owner's contact information
    9778 Cherry Ln Nampa, ID 83651
    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.
    9778 Cherry Ln
    Nampa, ID 83651
    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
    9778 Cherry Ln Nampa, ID 83651
    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!
    Listing Contact
    Chris Pearson
    Chris Pearson
    Real Estate License ID: SP31401
    Learn more
    Google sign-in failed. Please try again or use another login method.