Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1906 Fairview Ave Caldwell, ID 83605

    • Medical offices
    • 91,500 SF
    For Lease
    View listing
    $20 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US27-0326055
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Saint Alphonsus Sleep Medicine Caldwell / Medical Clinic
    • West Valley Occupational Medicine / Occupational Health Service
    • West Valley Wound Care / Medical Clinic
    • Amy Dunn, NP / Physician
    • Daniel Allen / Pediatrician / Physician

    Property Details for 1906 Fairview Ave

    Property size
    91,500 SF
    Property type
    Medical offices

    Description

    This exceptional Class A medical office building, located at 1906 S Fairview Ave in Caldwell, Idaho, 83605, offers a prime opportunity for medical professionals seeking high-quality space. The West Valley Medical Center boasts a total of 91,500 square feet, with 20,487 square feet currently available for lease. The building features a single, modern structure designed with environmental sustainability in mind. High-end finishes and inviting lobbies create a professional and comfortable atmosphere for both patients and staff. The building's strong tenant roster includes a diverse range of medical specialists, including Family Eyecare Specialists, the Spine Institute of Idaho, Caldwell Urology, Norco Medical Supplies, and Altitude Physical Therapy, along with imaging centers, pre-admit suites, a Center for Health & Wellness, and primary and specialty clinics. This strategic location in the Caldwell submarket provides excellent accessibility and visibility. The available space is ideal for multiple tenants seeking various sizes of medical office suites. The building's modern design and established medical community create an ideal environment for growth and success. Contact us today to learn more about leasing opportunities within this thriving medical center. The available space is spread across multiple suites.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.6948011
    Latitude
    43.6528991

    Comparable in this City

    • $13 SF/Yr

      Medical Office Space Sublease

      Prime medical office space for sublease on hospital campus.
      404 E Elm St, Caldwell, ID 83605
      View Details
    • $15 SF/Yr
      35,660 SF

      Downtown Caldwell Office Building

      Prime Office Space, Multiple Tenants
      524 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • $25 SF/Yr
      5,375 SF

      Turn-Key Medical Office Building

      Stand-alone medical office near West Valley Medical Center.
      512 East Elm St, Caldwell, ID 83605
      View Details
    • $9 SF/Yr
      4,749 SF

      Caldwell Office Building For Lease

      Well-appointed office building in prime Caldwell location, available February 2026.
      1803 Ellis Ave, Caldwell, ID 83605
      View Details
    • $20 SF/Yr
      91,500 SF

      Medical Office & Restaurant Space

      Medical office and restaurant space available in West Valley Medical Center.
      1906 E Fairview Ave, Caldwell, ID 83605
      View Details
    • $22 SF/Yr
      5,000 SF

      Downtown Caldwell Executive Suites

      Historic building, prime location, flexible suites.
      901 Main St, Caldwell, ID 83605
      View Details

    Similar Nearby for Sale

    • $925,000
      4,749 SF

      Caldwell Office Building Opportunity

      Well-appointed office building in prime Caldwell location, versatile floor plan.
      Office Building For Sale Or Lease, Caldwell, ID 83605
      View Details
    • $2,100,000
      7,121 SF

      Professional Office/Medical and Retail Building

      Multi-tenant building with Interstate access and ample parking.
      2609 S 10Th Ave, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Office Building with Secured Yard

      Main office building with secured yard and convenient location.
      312 W Simplot Blvd, Caldwell, ID 83605
      View Details
    • $1,800,000
      7,121 SF

      Caldwell Mixed-Use Building

      7,121 sq ft Office & Retail Space
      2609 10Th Ave, Caldwell, ID 83605
      View Details
    • Contact for pricing
      6,000 SF

      Downtown Caldwell Office Space

      Second-story office space with Main Street exposure in Caldwell, Idaho.
      712 Main St, Caldwell, ID 83605
      View Details
    • $1,050,000

      Downtown Caldwell Commercial Buildings For Sale

      Two adjacent buildings in revitalized downtown Caldwell, ideal for retail/office.
      Retail & Office Buildings For Sale, Caldwell, ID 83605
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr

      Medical Office Space Sublease

      Prime medical office space for sublease on hospital campus.
      404 E Elm St, Caldwell, ID 83605
      View Details
    • $15 SF/Yr
      35,660 SF

      Downtown Caldwell Office Building

      Prime Office Space, Multiple Tenants
      524 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • $25 SF/Yr
      5,375 SF

      Turn-Key Medical Office Building

      Stand-alone medical office near West Valley Medical Center.
      512 East Elm St, Caldwell, ID 83605
      View Details
    • $9 SF/Yr
      4,749 SF

      Caldwell Office Building For Lease

      Well-appointed office building in prime Caldwell location, available February 2026.
      1803 Ellis Ave, Caldwell, ID 83605
      View Details
    • $20 SF/Yr
      91,500 SF

      Medical Office & Restaurant Space

      Medical office and restaurant space available in West Valley Medical Center.
      1906 E Fairview Ave, Caldwell, ID 83605
      View Details
    • $22 SF/Yr
      5,000 SF

      Downtown Caldwell Executive Suites

      Historic building, prime location, flexible suites.
      901 Main St, Caldwell, ID 83605
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1906 Fairview Ave
    Caldwell, ID 83605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.