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Property profile

605 Millennium Park Ln Caldwell, ID 83605

OFF-MARKET
Warehouses
7,174 SF 0.5 ac lot Built 2024
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 7,174 SF
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

605 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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