605 Millennium Park Ln Caldwell, ID 83605
This exceptional Class A industrial warehouse, located at 605 Millennium Park Lane, Unit 3, Caldwell, ID 83605, presents a compelling investment opportunity. The property, built in 2024, offers 7,174 square feet of net rentable space within a single-tenant building situated on a half-acre lot (APN: R3537101000). The two-story structure features desirable amenities including 22-24' clear heights, roll-up doors, dedicated office areas, and mezzanines, making it suitable for a variety of industrial uses. This NNN lease property is part of the Cloud Gate Industrial Park, a development with multiple buildings offering various sizes. The asking price is $1,795,000. The property is light industrially zoned and is ideal for owner-users or investors seeking a strong return. The building boasts modern construction and is ready for immediate occupancy. This prime location in Caldwell's thriving industrial hub offers excellent access to transportation and a strong local economy. A minimum five-year lease term is required. This is a rare opportunity to acquire a high-quality, modern warehouse in a desirable location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.