16245 Norco Way Nampa, ID 83687
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.
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Irby Utilities Building Supply Electrical Service
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Coast Aluminum, Inc. Building Supply Mill
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
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.