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    Specialty properties

    503 Millennium Park Ln, Caldwell, ID 83605

    16,490 SF 1 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2024
    Total area 16,490 SF
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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