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20716535
20716571

1614 W Karcher Rd, Nampa, ID 83651

LH
ID DB28514
Summit Commercial Real Estate Group
AN
ID, ID SP39275
Summit Commercial Real Estate Group
JK
ID, ID SP44973
Summit Commercial Real Estate Group
Listed by Summit Commercial Real Estate Group
Unpriced
781 days on market
Updated 26 days ago

Investment/Hospitality Development Land For Sale

Details
APN R24471010A0, R2447800000, R2447900000, R2448500000
Property Type Land
Sub Type Commercial, Industrial (+1)
Broker Co-Op Yes
Acreage 1.840
Zoning BC - Community Business

Investment/Hospitality Development Land For Sale | 1.84 acres

Marketing description

0 W KARCHER: 0.25 Acres - Land & Leased Billboard

1600 W KARCHER: 0.56 Acres - Home 1,502 SF

1608 W KARCHER: 0.50 Acres - Home 1,164 SF - Shop - 2,384 SF

1614 W KARCHER: 0.53 Acres - Home 1,290 SF - Shop - 1,624 SF

TOTAL AVAILABLE: 1.84 Acres - 3 Residences & 2 Shops

BULK SALE PRICE: Negotiable, Contact Agents

IN-PLACE INCOME: $5,466.67 Per-Month - Month-to-Month Leases

ZONING: BC - Click Here to View Allowed Uses

PARCEL NUMBERS: R24471010A0, R2447800000, R2447900000, R2448500000

UTILITIES: All Available to Site

POTENTIAL USES: Investment or Redevelopment - Hotel, Retail, Multi-Family, Service

AVAILABILITY: Immediate, Contact Agents for Tours

Investment highlights

  • 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.

Google Map View: https://shorturl.at/fgnpz

Allowed Uses Under the Current BC Zoning: https://www.cityofnampa.us/DocumentCenter/View/13689/Community-Business-BC-Land-Uses

Close to other hotels & long-term stay: https://bit.ly/3Ny4ZGB

5 & 10 Minute Drive Time Demographics: https://summitcreg.com/wp-content/uploads/2024/04/Karcher-5-10-Min-Drive-Time-Demos-4-2024.pdf

1, 3 & 5 Mile Demographics: https://summitcreg.com/wp-content/uploads/2024/04/Karcher-1-3-5-Mile-Demos-4-2024.pdf

Demographics Executive Summary Report: https://summitcreg.com/wp-content/uploads/2024/04/Karcher-1-3-5-Mile-Exec-Summ-Demos-4-2024.pdf

City of Nampa Overview: https://www.cityofnampa.us/DocumentCenter/View/9964/Basic-Nampa-Brochure-2019update

Boise Valley Regional Overview: https://bvep.org/regional-overview/

National Accolades: https://bvep.org/lifestyle/national-accolades

Listing Contacts

LH
ID DB28514
Summit Commercial Real Estate Group
AN
ID, ID SP39275
Summit Commercial Real Estate Group
JK
ID, ID SP44973
Summit Commercial Real Estate Group
Listed by Summit Commercial Real Estate Group

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