Property profile

503 Millennium Park Ln Caldwell, ID 83605

OFF-MARKET
Specialty properties
16,490 SF 1 ac lot Built 2024
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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

Location

503 Millennium Park Ln Caldwell, ID 83605
Caldwell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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