Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    217 Georgia Ave Nampa, ID 83686
    Property profile & analytics

    217 Georgia Ave, Nampa, ID 83686

    View on Map
    • Medical Office Space
    • 24,982 SF
    Off-Market
    Property ID
    US27-0237153
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Michael P. Johanson, MPT / Physician
    • Shield Insurance Service / Insurance Agency
    • Shannon D. Gaertner-Ewing, DC / Alternative Medicine Practice
    • Edward Jones - Financial Advisor: Jeff Erekson, AAMS™ / Financial Advisor
    • Edward Jones - Financial Advisor: Andrew Bettinson, ABFP™|AAMS™|CRPC™ / Financial Advisor

    Property Details for 217 Georgia Ave

    Year built
    2001
    Property type
    Medical Office Space

    Description

    This exceptional office space, located at 217 W. Georgia Avenue, Suite 100, Nampa, ID 83686, offers a versatile and convenient location for businesses of all sizes. The property, built in 2001, boasts a total of 24,982 square feet, with 6,575 square feet currently available for lease. The space is suitable for various office configurations, including executive, medical, and traditional office setups. The building features ample parking, a significant advantage for employees and clients. Its strategic location places it within the medical and educational hub of Nampa, just off 12th Avenue, providing easy access to retail services and a thriving community. The building is well-maintained and equipped with fire sprinklers, ensuring a safe and secure environment. Note that the total square footage does not include second-floor storage space. This is a single-tenancy space, offering the opportunity for a business to establish a strong presence in a desirable Nampa location. Immediate occupancy is available. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Nampa
    County
    Canyon
    State
    Idaho
    Longitude
    -116.5751671
    Latitude
    43.5556802

    Comparable in this City

    • Contact for pricing
      7,724 SF

      Medical Office Space Sublease

      Class A medical office space available for immediate occupancy.
      215 E Hawaii Ave, Nampa, ID 83686
      View Details
    • Contact for pricing

      Shell Condition Office Space Available

      Adaptable office space with high visibility in Nampa, Idaho.
      914 12Th Ave Rd, Nampa, ID 83686
      View Details
    • $17 SF/Yr

      Shell Space on Busy Arterial

      Adaptable shell space with high visibility and signage opportunities.
      914 12Th Ave Rd, Nampa, ID 83686
      View Details
    • Contact for pricing
      5,600 SF

      Office Space Build-to-Suit Opportunity

      Customizable office space in Fall River Business Park.
      930 Rising Sun, Nampa, ID 83686
      View Details
    • Contact for pricing

      Corner Lot Ready for Development

      1.51 acre corner lot near downtown Nampa and I-84.
      325 Chicago St, Nampa, ID 83686
      View Details
    • $22 SF/Yr

      Retail Space Near Walmart

      Retail space available in Walmart-anchored complex with excellent visibility.
      5651-5687 E Franklin Rd, Nampa, ID 83686
      View Details

    Similar Nearby for Sale

    • $635,000

      Large Multi-Use Home For Sale

      7-bedroom, 5-bathroom home suitable for residential or commercial use.
      819 S Powerline Rd, Nampa, ID 83686
      View Details
    • Contact for pricing
      1,800 SF

      Stand-Alone Flex Space Opportunity

      Flex space with expansion potential in south Nampa.
      8829 Lake Shore Dr, Nampa, ID 83686
      View Details
    • Contact for pricing

      Commercial Land Ready for Development

      Pad-ready sites for retail, office, flex space, and more.
      12Th Ave Rd, Nampa, ID 83686
      View Details
    • Contact for pricing

      Entitled Land in Nampa

      Approved land for storage units and restaurant in Nampa.
      Locust Ln, Nampa, ID 83686
      View Details
    • Contact for pricing

      28.6 Acres of Land

      28.6 acres near Nampa with irrigation and development potential.
      Sunrise Ave, Nampa, ID 83686
      View Details
    • $575,000
      Pending

      Nampa Land Development Opportunity

      Land approved for 32 townhomes in growing Nampa community.
      1111 Southside Blvd, Nampa, ID 83686
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,724 SF

      Medical Office Space Sublease

      Class A medical office space available for immediate occupancy.
      215 E Hawaii Ave, Nampa, ID 83686
      View Details
    • $17 SF/Yr

      Shell Space on Busy Arterial

      Adaptable shell space with high visibility and signage opportunities.
      914 12Th Ave Rd, Nampa, ID 83686
      View Details
    • Contact for pricing

      Shell Condition Office Space Available

      Adaptable office space with high visibility in Nampa, Idaho.
      914 12Th Ave Rd, Nampa, ID 83686
      View Details
    • Contact for pricing
      5,600 SF

      Office Space Build-to-Suit Opportunity

      Customizable office space in Fall River Business Park.
      930 Rising Sun, Nampa, ID 83686
      View Details
    • $22 SF/Yr

      Retail Space Near Walmart

      Retail space available in Walmart-anchored complex with excellent visibility.
      5651-5687 E Franklin Rd, Nampa, ID 83686
      View Details
    • Contact for pricing

      Corner Lot Ready for Development

      1.51 acre corner lot near downtown Nampa and I-84.
      325 Chicago St, Nampa, ID 83686
      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.
    217 Georgia Ave
    Nampa, ID 83686
    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

    Thank You for Inquiry
    217 Georgia Ave, Nampa, ID, 83686
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!