0 Chicago St, Caldwell, ID 83605
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.
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
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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.