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500 Sand Hollow Rd 5,262 SF Retail Building Caldwell, ID 83607 $1,800,000 ($342.08/SF) 13% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully turnkey location that offers multiple income-generating assets in a growing market just outside of Boise, Idaho.
  • Strategically positioned on a highly visible corner lot, exposed to over 30,000 vehicles per day, surrounded by a local population of 34,000 people.
  • Highly accessible location with direct access to the Vietnam Veterans Memorial Highway and in proximity to the College of Idaho.
  • 500 Sand Hollow Road was recently renovated to include a new A/C system, a gas water heater, a water softener, LED lighting, and new freezers.

EXECUTIVE SUMMARY

Discover a prime commercial real estate opportunity at 500 Sand Hollow Road in Caldwell, Idaho, home to the well-known Sandhollow Country Market and Sinclair Gas Station. Located only 15 minutes away from the prominent Indian Creek Plaza and the prestigious College of Idaho. This versatile 1-acre property offers exceptional visibility and accessibility, making it ideal for investors or owner/users seeking a high-traffic location with multiple income-generating assets.

500 Sand Hollow Road comprises a convenience store, two gasoline fueling stations with the capacity to service four vehicles simultaneously, and a full-service café/restaurant featuring bar, booth, and table seating. Attached to the café is a small rental office, while a barn building houses a large garage and two additional offices. Residential accommodation includes a two-bedroom, one-bathroom house, complemented by shed storage, an RV and boat parking lot, and electric vehicle supercharging stations. The property includes 15 surface parking spots and a total building area of 5,262 square feet.

500 Sand Hollow Road is a highly accessible location just outside of Boise and Nampa, the two most populous cities in Idaho. Strategically positioned on a corner lot with excellent signage visibility, this property is exposed to over 30,000 vehicles per day on Interstate 84 (Vietnam Veterans Memorial Highway). Additionally, it provides direct access to Interstate 84 and proximity to Route 30. The surrounding area boasts a population of 34,000 within a 10-mile radius, projected to grow to 48,000 in the next four years, with a population growth rate of 4.3% outpacing the national average. While also drawing in a surplus number of tourists from Country Corners RV Park on the adjacent lot. Caldwell is at the heart of the Sunnyslope Wine Region, with numerous wineries, vineyards, and related restaurants, allowing a tenant to enter a niche market that has a strong local and national consumer base.

500 Sand Hollow is equipped with a full-service kitchen, freezer, and walk-in cooler, and has recently undergone upgrades, including a new air-conditioning system, gas water heater, water softener, LED lighting, and new freezers. Notably, this is the only restaurant and gas station within a 10-mile radius of the community, providing an essential service to the local population. With $122,393,353 spent on food and alcohol in the area over the past year, this location presents a compelling opportunity for commercial success for an investor or an owner/user.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
5,262 SF
Building Class
C
Year Built/Renovated
1950/2024
Price
$1,800,000
Price Per SF
$342.08
Cap Rate
13%
NOI
$234,000
Business Value
$2,356,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.20 AC
Zoning
C2 - Commercial C2
Parking
15 Spaces (2.85 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Restaurant
  • Signage
  • Storage Space

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
266
2,051
3,722
12,377
2029 Population
317
2,458
4,478
13,867
2024-2029 Projected Population Growth
19.2%
19.8%
20.3%
12.0%
Median Age
41.1
41.4
41.5
39.1
College Degree + Higher
24%
22%
21%
13%
Daytime Employees
34
96
224
1,355
Total Businesses
8
25
52
240
Average Household Income
$90,244
$84,115
$79,791
$102,807
Median Household Income
$76,786
$70,880
$67,555
$77,660
Total Consumer Spending
$3.6M
$26.7M
$47.8M
$159.2M
2024 Households
89
689
1,254
4,063
Average Home Value
$487,500
$491,895
$494,726
$552,947
  • Listing ID: 35357229

  • Date on Market: 4/3/2025

  • Last Updated:

  • Address: 500 Sand Hollow Rd, Caldwell, ID 83607

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