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    OFF-MARKET
    Land

    0 Chicago St, Caldwell, ID 83605

    40 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40-acre industrial development site in Caldwell, Idaho, presents a compelling investment opportunity. Located on E Chicago St, this property boasts over 600 feet of frontage and convenient access from Commercial Way. The land is mostly flat, with some sloping areas, and is annexed to the City of Caldwell, ensuring access to city water, sewer, power, gas, and phone services. Zoned M1 – Light Industrial, this site allows for a broad range of uses, including distribution and manufacturing. Its strategic location offers easy truck access and proximity to Interstate 84, Exit 29, and Caldwell's Sky Ranch Industrial Park. The property's location within Qualified Census Tracts for 2023 adds further appeal. The asking price is $9,300,000, with a land value of $5.08 per square foot. Parcel numbers are R0070500000, R3537100000, and R0069101000. High demand exists for parcels ranging from half an acre to five acres. A portion of the land (21 acres) is flat and square, while another 21 acres feature hillside and drainage areas. The pricing reflects this variation, with the flat land priced at a higher rate per square foot. This property represents a rare opportunity to acquire a significant industrial land holding in a thriving Idaho location.

    Property profile
    Verified
    Property type Land
    Lot 40 ac (1,742,400 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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