312 Simplot BlvdCaldwell, ID 83605

Property Details for 312 Simplot Blvd

Lot size

2.19 AC

Property type

Industrial properties

APN

02322000 0

APU

23220000

Description

Indian Creek Business Park, located at 312 W Simplot Blvd in Caldwell, Idaho (zip code 83605), offers a significant industrial opportunity. This 15.608-acre property encompasses seven buildings totaling 146,911 square feet, zoned M-1 (Light Industrial). The park features a diverse range of space options, suitable for manufacturing, flex, warehouse, and distribution uses. Available space ranges from a minimum of 1,349 square feet to a maximum contiguous space of 55,587 square feet, with a total of 120,267 square feet currently vacant. The property includes four large manufacturing/distribution buildings, two administrative buildings, and a commercial painting building. Key features include multiple access points, overhead cranes, utility ovens, paint booths, and a recently updated wash bay. Its strategic location offers easy access to Interstate 84 and proximity to Simplot Food Group. This well-equipped facility provides a secure and functional base for industrial operations in Canyon County, Idaho. The property is ideal for businesses seeking a versatile and established industrial space.

• CAP approach

  CAP return

  Valuation

  6%

  $42,497,000

  6.5%

  $39,228,000

  7%

  $36,426,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $32,543,000

  Geo Method

  $32,543,000

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $20,274,200

  Mixed-Use / Specialty

  $20,326,600

  Hospitality / Lodging

  $15,075,300

  Office

  $20,335,700

  Institutional / Educational

  $21,176,000

  Residential Income

  $24,775,900

  Multifamily

  $29,023,600

  Automotive / Energy

  $18,150,900

  Parking / Income-Based Land

  $6,140,440

  Restaurant / Food Service

  $10,838,100

  Healthcare / Senior Housing

  $20,716,600

Location Insight

City

Caldwell

County

Canyon

State

Idaho

Latitude

43.6709

Longitude

-116.699

CBSA code

14260

CBSA name

BOISE CITY-NAMPA, ID METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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