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Property profile & analytics
OFF-MARKET
Manufacturing properties

16245 Norco Way Nampa, ID 83687

75,000 SF 7.46 ac lot Built 2023
Entity Owned 7-yr Hold
Property ID
US27-0520157
Property summary
AI-generated overview

This exceptional Class A industrial property in Nampa, Idaho, offers a compelling investment opportunity. The 75,000-square-foot warehouse and manufacturing facility, built in 2023, sits on a 7.46-acre lot and boasts 100% occupancy with two stable tenants: Irby Electric and Coast Aluminum, Inc. The building features 4,000 square feet of office space, 76 parking spaces, and 3 acres of fenced, compacted, and lit yard space. Loading is convenient with 3 dock-high doors and 3 grade-level doors, a 120-foot truck court depth, and 24-foot clear ceiling height. The property includes ESFR sprinklers and is zoned I-l, Light Industrial. Its strategic location just off I-84, with easy access to Exit 35, places it near major industrial users and provides excellent visibility. Current rents are approximately 10% below market, presenting significant upside potential for the investor. This premier-quality building, with its thoughtful design and prime location, represents a sound, long-term asset. The property's features include a 12' x 14' grade-level door (Irby) and two 24' x 16' grade-level doors (Coast). The building's proximity to Nampa's retail and service businesses further enhances its appeal. This is a rare opportunity to acquire a high-quality, fully occupied industrial asset with substantial future growth potential.

Property profile
Verified
Property type Manufacturing properties
Year built 2023
Total area 75,000 SF
Lot 7.46 ac (324,958 SF)
UPID US27-0520157
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
Current use
Occupant on record · Public records
  • Irby Utilities Building Supply Electrical Service
  • Coast Aluminum, Inc. Building Supply Mill
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Volante Investments Lllp · 7 yrs held
Volante Investments Lllp
since 2018
3 recorded transactions
2023
Price N/A
2018
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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