Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2929 Franklin Rd Caldwell, ID 83605

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2929 Franklin Rd Caldwell, ID 83605

    View on Map
    • Grocery and convenience stores
    • 140,263 SF
    Off-Market
    Property ID
    US27-0161840
    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

    • FedEx Drop Box / Shipping Company / Freight Service
    • Sage Travel Plaza / Parking Lot & Garage / Gas Station
    • Phillips 66 / Gas Station
    • Sinclair / Auto Repair Shop / Vehicle Inspection Center
    • ATM (Sage Travel Plaza) / Atm

    Property Details for 2929 Franklin Rd

    Year built
    1971
    Property size
    140,263 SF
    Property type
    Grocery and convenience stores
    Property subtype
    Gas stations
    APN
    35138000, 35138012

    Description

    This exceptional investment opportunity presents the acquisition of a thriving Phillips 66 Travel Plaza, a combined gas station and convenience store. Located at 2929 Franklin Rd, Caldwell, ID 83605, this property sits on a substantial 3.22-acre parcel offering convenient access to I-84. The main building encompasses 140,263 square feet, with a net rentable area of 7,470 square feet. Constructed in 1971, this established business boasts impressive sales figures. 2023 annual inside sales totaled $691,438, while total gallons sold reached 1,097,865, comprising 668,949 gallons of gasoline and 425,422 gallons of diesel fuel. The property's strategic location provides easy access to major transportation routes, with proximity to both Boise Airport (24 minutes) and Caldwell Industrial Airport (7 minutes). This owner/user investment opportunity is priced at $5,500,000 and offers significant potential for continued growth and profitability. The property's APN is 35138000, 35138012. This is a rare chance to acquire a well-established, high-performing retail asset in a desirable Idaho location.

    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
    Caldwell
    County
    Canyon
    State
    Idaho
    Longitude
    -116.6628915
    Latitude
    43.6630289

    Comparable in this City

    • $2,000,000
      3,228 SF

      Caldwell Mixed-Use Development Opportunity

      Versatile property with mixed-use potential in a high-traffic location.
      3514 S Indiana Ave, Caldwell, ID 83605
      View Details
    • $1,700,000

      Caldwell Industrial Property For Sale

      Multi-unit industrial property with diverse income and redevelopment potential.
      601 Hannibal 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
    • Contact for pricing
      13,327 SF

      Caldwell Retail/Industrial Flex Property

      Freestanding retail/industrial flex property with high-visibility frontage.
      3719 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • Contact for pricing
      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
      7,121 SF

      Mixed-Use Property in Caldwell, ID

      Mixed-use property with retail and office spaces for sale.
      2609 S 10Th Ave, Caldwell, ID 83605
      View Details

    Similar Nearby for Sale

    • $2,000,000
      3,228 SF

      Caldwell Mixed-Use Development Opportunity

      Versatile property with mixed-use potential in a high-traffic location.
      3514 S Indiana Ave, Caldwell, ID 83605
      View Details
    • $1,700,000

      Caldwell Industrial Property For Sale

      Multi-unit industrial property with diverse income and redevelopment potential.
      601 Hannibal 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
    • Contact for pricing
      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
      13,327 SF

      Caldwell Retail/Industrial Flex Property

      Freestanding retail/industrial flex property with high-visibility frontage.
      3719 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • Contact for pricing
      7,121 SF

      Mixed-Use Property in Caldwell, ID

      Mixed-use property with retail and office spaces for sale.
      2609 S 10Th Ave, Caldwell, ID 83605
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Pad Sites in Caldwell

      High-traffic retail pad sites available for ground lease or build-to-suit.
      Retail Land For Lease Or Build-To-Suit, Caldwell, ID 83605
      View Details
    • $25 SF/Yr

      Renovated Retail Space in Caldwell

      Move-in ready retail space with Class A finishes and plaza frontage.
      712 Arthur St, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Retail Space on Indian Creek

      Prime retail location in Caldwell, available January 2025.
      111-117 S 7Th Ave, Caldwell, ID 83605
      View Details
    • Contact for pricing
      9,900 SF

      Prime Corner Location with Drive-Thru

      High-visibility 9,900 SF building with drive-thru in Caldwell, ID.
      2107 Blaine St, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Caldwell Retail/Mixed-Use Space Available

      Retail/mixed-use space for lease in Caldwell, Idaho.
      3110 Cleveland Blvd, Caldwell, ID 83605
      View Details
    • Contact for pricing

      Prime Corner Location with Drive-Thru

      High-visibility retail space with drive-thru in Caldwell, Idaho.
      2107 Blaine 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.
    2929 Franklin Rd
    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.
    Sign Up Successful!
    You now have access to more from Realmo!