Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    318 6Th St Nampa, ID 83687

    • Warehouses
    • 62,329 SF
    For Sale
    View listing
    $8,575,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 318 6Th St

    Property size
    62,329 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, located at 318 6th St N, Nampa, ID 83687, offers a total of 62,329 square feet of warehouse space on a 4.11-acre lot. The main building encompasses approximately 37,504 square feet, including a 28,800 square foot warehouse/showroom and an 8,704 square foot office area. A 20-foot clear height in the main building provides ample storage and operational space. An additional annex warehouse of approximately 24,825 square feet offers 14- to 20-foot clear heights. The property boasts convenient access to I-84, within one mile. Extensive paved and secured yard space totaling approximately 1.03 acres provides ample room for vehicle and equipment storage. The property also includes approximately 0.13 acres of unimproved land. The building features two dock-high doors and seven grade-level doors. Constructed around 1980, this warehouse is zoned I-L (Light Industrial) by the City of Nampa. The asking price is $8,575,000, translating to $137.58 per square foot. This property presents a significant opportunity for businesses seeking a well-located, spacious, and secure industrial facility in a thriving area. Ample power capacity is available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.561
    Latitude
    43.5905

    Comparable in this City

    • Value Estimation by Request
      4.47 Acres

      16166 20Th St

      Distribution properties • 4.47 Acres
      16166 20Th St, Nampa, ID 83687
      View Details
    • Value Estimation by Request
      7,280 SF

      2818 Brandt Ave

      Distribution properties • 7,280 SF
      2818 Brandt Ave, Nampa, ID 83687
      View Details
    • Value Estimation by Request
      81,536 SF

      16685 Madison Rd

      Life science properties • 81,536 SF
      16685 Madison Rd, Nampa, ID 83687
      View Details
    • Value Estimation by Request
      192,000 SF

      5400 Franklin Rd

      Distribution properties • 192,000 SF
      5400 Franklin Rd, Nampa, ID 83687
      View Details
    • Value Estimation by Request
      7,500 SF

      3677 Comstock Ave

      Distribution properties • 7,500 SF
      3677 Comstock Ave, Nampa, ID 83687
      View Details
    • Value Estimation by Request
      12,300 SF

      479 Broadmore Way

      Life science properties • 12,300 SF
      479 Broadmore Way, Nampa, ID 83687
      View Details

    Similar Nearby for Sale

    • $387,450
      1,890 SF

      Nampa Flex Condo - Amity Crossing

      Modern Flex Condo, Nampa, Idaho
      609 Grays Ln, Nampa, ID 83687
      View Details
    • $8,575,000
      62,329 SF

      Nampa Industrial Warehouse For Sale

      62,329 SF Warehouse, Excellent Location
      318 6Th St, Nampa, ID 83687
      View Details
    • Contact for pricing
      130,910 SF

      Nampa Industrial Distribution Center

      Modern 130,910 SF warehouse, prime location.
      16740 Madison Rd, Nampa, ID 83687
      View Details
    • $2,500,000
      10,571 SF

      Nampa Warehouse: $2.5M Investment

      Brand new, 10,571 SF warehouse, vacant.
      1215 Madison Ave, Nampa, ID 83687
      View Details
    • Contact for pricing
      80,460 SF

      Nampa Industrial Building For Sale

      Class A Industrial; 80,460 SF; Vacant
      8400 Birch Ln, Nampa, ID 83687
      View Details
    • $35,831
      35,020 SF

      Versatile Industrial Space Near I-84

      Industrial space with warehouse, office, and yard near I-84.
      131 N Kings Rd, Nampa, ID 83687
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Industrial Business Park

      New multi-phase light industrial park with easy Interstate access.
      15918 Star Rd, Nampa, ID 83687
      View Details
    • $13 SF/Yr
      9,280 SF

      Nampa Industrial Warehouse Space

      9,280 SF Warehouse, 1,856 SF Available
      3624 Newby St, Nampa, ID 83687
      View Details
    • $9 SF/Yr
      140,000 SF

      Temco Industrial: Office & Warehouse

      Prime Canyon County space; 140,000 SF total.
      8840 Birch Ln, Nampa, ID 83687
      View Details
    • Contact for pricing
      67,500 SF

      Nampa Industrial Space For Lease

      37,500 SF Industrial Space Available
      16400 Norco Way, Nampa, ID 83687
      View Details
    • Contact for pricing
      464,500 SF

      Nampa Industrial Warehouse Space

      Class A warehouse space, ±164,180 SF available.
      5350 Franklin Rd, Nampa, ID 83687
      View Details
    • Contact for pricing
      439,600 SF

      Nampa Industrial Warehouse Space

      Class A warehouse, 34,740 sq ft available.
      5300 Franklin Rd, Nampa, ID 83687
      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.
    318 6Th St
    Nampa, ID 83687
    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

    Google sign-in failed. Please try again or use another login method.