Property profile

0 Chicago St Caldwell, ID 83605

OFF-MARKET
Land
40 ac lot
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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

Location

Chicago St 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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