Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    602-612 7Th Ave Caldwell, ID 83605
    Back to Search
    Property profile & analytics

    602-612 7Th Ave Caldwell, ID 83605

    View on Map
    • Retail properties & Spaces
    • 114,670 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 602-612 7Th Ave

    Property size
    114,670 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional retail or restaurant opportunity is located in the heart of Caldwell, Idaho, at 602-612 7th Ave Main St, zip code 83605. The property, known as Tilian, boasts a total of 114,670 square feet and is situated in Canyon County. Currently, there is one suite available, totaling 1,388 square feet, perfect for a variety of commercial uses. The building features ample parking with 62 spaces available for customers and employees. This prime location offers excellent visibility and accessibility, making it an ideal spot for businesses seeking high foot traffic. The property's "urban core development" positioning ensures a vibrant and bustling environment, attracting a diverse customer base. The single suite layout provides a cohesive and efficient space for a single tenant or a smaller business looking to establish a strong presence in the Caldwell market. This is a rare opportunity to secure a well-located commercial space in a growing Idaho community. The property is classified as multi-tenant, although only one suite is currently available. The property's latitude and longitude coordinates are 43.6708556 and -116.6832515 respectively. Don't miss this chance to establish your business in this dynamic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.683
    Latitude
    43.6709

    Comparable in this City

    • Value Estimation by Request
      1.05 Acres

      807 Smeed Pkwy

      Restaurants • 1.05 Acres
      807 Smeed Pkwy, Caldwell, ID 83605
      View Details
    • Value Estimation by Request
      7,696 SF

      819 Main St

      Restaurants • 7,696 SF
      819 Main St, Caldwell, ID 83605
      View Details
    • Value Estimation by Request

      Highway 20/26

      Individual retail properties
      0 Highway 20/26, Caldwell, ID 83605
      View Details
    • Value Estimation by Request
      5,600 SF

      3018 Cleveland Blvd

      Retail properties & Spaces • 5,600 SF
      3018 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • Value Estimation by Request
      5,000 SF

      901 Main St

      Office Spaces • 5,000 SF
      901 Main St, Caldwell, ID 83605
      View Details
    • Value Estimation by Request

      Caldwell ID Chicago St

      Retail properties & Spaces
      Caldwell ID Chicago St, Caldwell, ID 83605
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,121 SF

      Mixed-Use Property in Caldwell, ID

      Mixed-use property with retail and office spaces for sale.
      2609 S 10Th Ave, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Cleveland Blvd Property For Sale

      Property on Cleveland Blvd near College of Idaho for sale.
      2514 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • Contact for pricing
      350 SF

      Retail Property in Caldwell, ID

      Retail property available for sale in Caldwell, Idaho.
      305 S 21St Ave, Caldwell, ID 83605
      View Details
    • Contact for pricing
      6,728 SF

      Cleveland Blvd Mixed-Use Property

      Property on Cleveland Blvd near College of Idaho.
      2502 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Prime Commercial Pad Sites Available

      Commercial pads available with utilities. Frontage on Middleton Rd & Hwy 20/26.
      Highway 20/26, Caldwell, ID 83605
      View Details
    • $722,440

      Retail Pad with Drive-Thru

      Retail pad site with drive-thru capability in growing Caldwell.
      3110 Cleveland Blvd, Caldwell, ID 83605
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr

      Medical Office & Restaurant Space

      Medical office and restaurant space available in West Valley Medical Center.
      1906 E Fairview Ave, Caldwell, ID 83605
      View Details
    • $22 SF/Yr
      5,000 SF

      Downtown Caldwell Executive Suites

      Historic building, prime location, flexible suites.
      901 Main St, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Prime Corner Location with Drive-Thru

      High-visibility retail space with drive-thru in Caldwell, Idaho.
      2107 Blaine St, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Turnkey Restaurant and Bar Space

      Restaurant and bar space for sublease in Downtown Caldwell.
      712 Main St, Caldwell, ID 83605
      View Details
    • $14 SF/Yr

      Move-in Ready Retail/Office Space

      Versatile space with ample parking and excellent visibility.
      2805 Blaine St, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Retail Space in Growing City

      Retail space with drive-thru potential in a high-growth area.
      3110 Cleveland Blvd, Caldwell, ID 83605
      View Details
    Request Owner's contact information
    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.
    602-612 7Th Ave
    Caldwell, ID 83605
    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
    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

    Thank You for Inquiry
    602-612 7Th Ave, Caldwell, ID, 83605
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!