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Investment/Hospitality Development Land 4 Properties in Nampa, ID
INVESTMENT HIGHLIGHTS
- Four parcels for sale at one of the busiest intersections in Canyon County - $5,466.67 of monthly income ($65,600 annually)
- Potential for a buyer to hold the revenue generating property as-is or redevelop the parcels for a higher and better use
- Prime location with over 47,500 cars per day, less than 1 mile from Interstate 84 on/off ramp 33
- Offer consists of three residences and two commercial shops, all currently leased on a month-to-month basis with a 30 day notice
- Allowed uses under the current BC zoning include hotel, retail, restaurant, medical, multi-family, mixed-use, live-work, daycare, school.......
- Surrounding traffic generators include Lowe’s, WinCo Foods, Home Depot, Regal 14 Screen Movie Theater, Big 5 Sports, Mor Furniture, Costco, Kohl’s...
EXECUTIVE SUMMARY
Four parcels for sale at one of the busiest intersections in Canyon County - the Nampa-Caldwell Boulevard and Karcher Road. Offer consists of three residences and two commercial shops, all currently leased on a month-to-month basis with a 30 day notice, and one parcel of land with an in-place billboard lease - $5,466.67 of monthly income ($65,600 annually). Potential for a buyer to hold the revenue generating property as-is or redevelop the parcels for a higher and better use. Allowed uses under the current BC zoning include hotel, retail, restaurant, office, medical, multi-family, mixed-use, live-work, daycare, school, and other professional service providers. Prime location with over 47,500 cars per day, less than 1 mile from Interstate 84 on/off ramp 33 - Google Map View. Surrounding traffic generators include Lowe’s, WinCo Foods, Home Depot, Regal 14 Screen Movie Theater, Big 5 Sports, Mor Furniture, Costco, Kohl’s, Petco, Target, and several other retailers, restaurants and service providers. Close to other hotels & long-term stay - Nightly rates range from $62 to $183 per-night. In the identified area, the current year population is 153,699. In 2020, the Census count in the area was 138,487. The rate of change since 2020 was 3.26% annually. The five-year projection for the population in the area is 167,240 representing a change of 1.70% annually from 2023 to 2028. The household count in this area has changed from 46,885 in 2020 to 52,182 in the current year, a change of 3.35% annually. The five-year projection of households is 57,047, a change of 1.80% annually from the current year total. Average household size has remained unchanged at 2.90 since the year 2020.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$65,600
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Net Operating Income | |
|---|---|
| Annual | $65,600 |
PROPERTY FACTS
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 5,951 SF |
| Number of Properties | 4 | Total Land Area | 2.38 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 5,951 SF |
| Total Land Area | 2.38 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1600 Karcher Rd, Nampa, ID 83651 | Land | 0.75 AC | - | - |
| 1608 W Karcher Rd, Nampa, ID 83651 | Office | 2,409 SF | 1949 | - |
| 1614 W Karcher Rd, Nampa, ID 83651 | Office | 1,700 SF | 1952 | - |
| 1614 W Karcher Rd, Nampa, ID 83651 | Retail | 1,842 SF | 1952 | - |
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CONTACTS
-
LeAnn Hume CCIM, CLS, CRRP -
Andrea Nilson -
Julie Kissler -
Summit Commercial Real Estate Group
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Investment/Hospitality Development Land
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