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216 13th Ave S
Nampa, ID 83651
Alliance Title Building · Office Property For Sale
Investment Highlights
- Rare Downtown Nampa Office/Retail Investment Opportunity – Unique chance to acquire a office/retail asset in the heart of downtown Nampa
- Shovel-Ready Development Potential – Features a large private parking lot and land approved for a 13,400 SF multi-level building
- National Tenant in Place – Secured by a long-term lease with a national title company
- Dedicated On-Site Parking – Offers private parking, an uncommon amenity in the downtown core
Executive Summary
This property includes a rare, buildable pad within Nampa’s Downtown Historic District, approved for a proposed 13,400-square-foot, three-level building. It is anchored by a long-term lease with Alliance Title & Escrow, a leading independent title insurance agency in the Pacific Northwest, providing a stable and escalating revenue stream. The property also features dedicated on-site parking, a valuable and uncommon amenity in the downtown area.
Located at 216–224 13th Ave S, the property is strategically positioned in the growing Boise Valley metro, home to over 845,000 residents and major corporations, with the population projected to exceed 1 million by 2050. The Nampa market features low office and retail vacancy rates, and the property’s Downtown Historic (DH) zoning supports mixed-use development with potential access to city grants and incentives. With in-place income from a creditworthy tenant, a prime location, and development-ready potential, this property represents a strong strategic addition for investors.
Located at 216–224 13th Ave S, the property is strategically positioned in the growing Boise Valley metro, home to over 845,000 residents and major corporations, with the population projected to exceed 1 million by 2050. The Nampa market features low office and retail vacancy rates, and the property’s Downtown Historic (DH) zoning supports mixed-use development with potential access to city grants and incentives. With in-place income from a creditworthy tenant, a prime location, and development-ready potential, this property represents a strong strategic addition for investors.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,216 SF
Building Class
B
Year Built
2026
Price
$3,500,000
Price Per SF
$379.77
Cap Rate
3.90%
NOI
$136,420
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,072 SF
Building FAR
1.32
Lot Size
0.16 AC
Zoning
DH - Designated Historic
Property Taxes
| Parcel Number | 1343900000 | Improvements Assessment | $303,200 |
| Land Assessment | $129,630 | Total Assessment | $432,830 |
Property Taxes
Parcel Number
1343900000
Land Assessment
$129,630
Improvements Assessment
$303,200
Total Assessment
$432,830
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