503 Millennium Park Ln, Caldwell, ID 83605
This exceptional commercial property, located at 503 Millennium Park Lane, Unit 1, Caldwell, ID 83605, presents a unique investment opportunity. The Class A, 16,490 square foot building, constructed in 2024, sits on a one-acre lot and boasts a 100% occupancy rate with a five-year NNN lease in place. The structure features a spacious warehouse area of 12,030 square feet, complemented by well-appointed office space and a mezzanine. The building offers a clear height ranging from 22 to 24 feet, providing ample vertical space for various operational needs. Two 200 AMP electrical panels ensure sufficient power, while convenient 14' x 14' roll-up doors facilitate efficient loading and unloading. Situated in Canyon County within the Cloud Gate Industrial Park, this property benefits from its strategic location in the thriving Caldwell market. The property's zoning is light industrial, making it suitable for a wide range of businesses. The asking price is $3,595,000. This is a turnkey operation, ready for immediate use. The property's APN is R3537101000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.