Property profile

S Florida Ave Caldwell, ID 83607

FOR LEASE
Commercial land
Property ID
US27-0075047
1,465 SF 9.75 ac lot Built 1939
Individually Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is development land totaling 80,000 square feet located on Karcher Road between Nampa and Caldwell, providing access to the Lake Lowell area. The site has direct access to the Karcher Road and Interstate 84 on/off-ramp at Exit 33 and is positioned near Sawgrass Self Storage, U-Haul, Southwest District Health, and Central Canyon Elementary School. It has unobstructed frontage/visibility on Karcher Road and South Florida Avenue and is surrounded by commercial and residential development, with new platted residential units in the nearby area. Utilities are installed and the site is described as build-ready. The property is suitable for office, retail, and service-oriented business uses, subject to applicable zoning and permitting. A right-of-way taking associated with Idaho Transportation Department (ITD) widening of Karcher Road has been negotiated on both Karcher Road and Florida Avenue, affecting approximately 1.956 acres of the property.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1939
Total area 1,465 SF
Lot 9.75 ac (424,710 SF)
APN 32737000 0
UPID US27-0075047

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

S Florida Ave Caldwell, ID 83607
Caldwell metro Census 21003 BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2009
3 recorded transactions
2009
Price N/A
2009
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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