Nampa Industrial/Warehouse
For Sale
Contact for pricing
318 6th St N, Nampa, ID 83687
62,329 SF industrial facility with showroom and office space.
Property Size62,329 SF
Lot Size4.11 Acres
Price / SF$123.54
Days on Market1009
Property Features for 318 6th St N
General Information
Standard status
Active
Size
62,329 SF
Lot size
4.11 Acres
Property subtype
Industrial
Listing Agency:
Intermountain Commercial Real Estate
Listed By:
Christian Harris · License #ID 44336
Source:
Crexi
Added: Jan 11, 2024
Changed: Oct 15
Last Checked: Oct 16 at 6:07AM
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 Intermountain Commercial Real Estate
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Investment Insights
Based on property information with market context.
This commercial property features a total building size of approximately 62,329 square feet, including a main building of approximately 37,504 square feet. The main building includes approximately 28,800 square feet of warehouse/showroom space and approximately 8,704 square feet of office space, with a clear height of 20 feet. An annex warehouse provides an additional approximately 24,825 square feet with clear heights ranging from 14 to 20 feet. Constructed around 1980, the property is zoned I-L (Light Industrial) by the City of Nampa. The total land size is approximately 4.11 acres, which includes an excess paved and secured yard of approximately 1.03 acres and an unimproved land area of approximately 0.13 acres. The property has two dock-high doors and seven grade-level doors. It benefits from a paved and secured yard and ample power capacity. Access to I-84 is within 1 mile.
Key Highlights
- Excellent Location: Access to I‑84 within 1 Mile
- Large Building Size: +/- 62,329 Sq. Ft. Total Building Size
- Versatile Space: Warehouse/Showroom and Office Space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$650,378
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,007,560
$13.0M
Cap Rate 7%
$9,291,114
$9.3M
Cap Rate 9%
$7,226,422
$7.2M
Market Conditions
NOI Build-Up for 62,329 SF
Gross rent
$822.7K $13.20/SF
− Vacancy
−$57.6K −$0.92/SF
EGI
$765.2K $12.28/SF
− OpEx
−$114.8K −$1.84/SF
NOI
$650.4K $10.43/SF
Area
Nampa, ID
Vacancy
7.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,007,560
Cap Rate 7%
$9,291,114
Cap Rate 9%
$7,226,422
Alternative Uses
Best Use
Office B
$11.50M
$10.06M – $13.42M
NOI $804,979 @ 7.0% cap · market cap 10.45%
Second Best
Retail
$10.66M
$9.33M – $12.43M
NOI $746,078 @ 7.0% cap · market cap 9.69%
Theoretical Best
Office A
$15.77M
$13.80M – $18.39M
NOI $1,103,672 @ 7.0% cap · market cap 14.33%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83687, ID
37,254
Population
14,484
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
91%
High-School Grad
49.4 sq mi
ZIP Area
754
Density / Sq Mi
$72,294
Median Household Income
$40,328
Median Earnings
$1,416
Median Rent
$369,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Otter Self Storage — 820 7th St N North, Nampa, ID 83687
- Extra Space Storage — 430 N Broadmore Way, Nampa, ID 83687
- Queen B Storage — 1815 madison ave, nampa, id 83687
- Go Mini's of Boise — 813 E Fargo Ave, Nampa, ID 83687
- Republic Storage - Nampa — 1212 Shilo Dr, Nampa, ID 83687
Frequently Asked Questions
What type of property is this?
Warehouse - 62,329 SF industrial facility with showroom and office space.
Where is this warehouse located?
The property is located at 318 6th St N Nampa, ID.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Excellent Location: Access to I‑84 within 1 Mile; Large Building Size: +/- 62,329 Sq. Ft. Total Building Size; Versatile Space: Warehouse/Showroom and Office Space
