Day Care Center Building with Outdoor
1830 Addison Ave E Twin Falls, ID 83301
For Sale
$689,000
Day care center building with flexible multi-section layout, ADA-compliant access, and multiple outdoor patios.
Property Size3,078 SF
Lot Size1.22 Acres
Price / SF$223.85
Days on Market94
Property Features for 1830 Addison Ave E
General Information
Standard status
Active
Size
3,078 SF
Lot size
1.22 Acres
Property subtype
Commercial
Building Details
Year Built
1958
Listing Agency:
Continental Real Estate Group,
(877) 996-5728
Listed By:
Christine Eisenberg · License #DB45234
(877) 996-5728
Source:
Thgboise
Added: Apr 28
Changed: Jul 29
Last Checked: Jul 30 at 6:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Continental Real Estate Group,
Investment Insights
Based on property information with market context.
This day care center building sits on 1.22 acres and was originally built in 1958. The property features a flexible layout with three distinct sections, two restrooms, two modernized kitchens, ADA-compliant access, and laundry hookups. Outdoor space includes three outdoor patios, supported by mature landscaping.
The building was extensively renovated in 2021, with recent improvements including new sewer and water lines, electrical upgrades, enhanced insulation, and an installed security camera system. Exterior features include a fully enclosed lot with strong street visibility, a fenced farmyard, and a playground, along with an irrigation system.
Zoned COM, the building is described as supporting a variety of uses, including office space, event venue uses with stage and dance floor, daycare, community organizations, and multi-tenant leasing. The layout and on-site daycare option may also appeal to businesses seeking employee-support amenities.
The building was extensively renovated in 2021, with recent improvements including new sewer and water lines, electrical upgrades, enhanced insulation, and an installed security camera system. Exterior features include a fully enclosed lot with strong street visibility, a fenced farmyard, and a playground, along with an irrigation system.
Zoned COM, the building is described as supporting a variety of uses, including office space, event venue uses with stage and dance floor, daycare, community organizations, and multi-tenant leasing. The layout and on-site daycare option may also appeal to businesses seeking employee-support amenities.
Key Highlights
- 1.22‑acre day care center building with three distinct interior sections
- Extensively renovated in 2021 with new sewer and water lines, electrical upgrades, and enhanced insulation
- ADA‑compliant access plus laundry hookups
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $13.20 |
| − Vacancy | −$5.3k | −$1.72 |
| EGI | $35.3k | $11.48 |
| − OpEx | −$8.8k | −$2.87 |
| NOI | $26.5k | $8.61 |
3,078 SF · lease $13.20/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$378.7K
$331.4K – $441.9K
NOI $26,511 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$706.1K
$617.8K – $823.8K
NOI $49,427 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Sunshine Kids Childcare & Preschool — 2230 9th Ave E, Twin Falls, ID 83301
- Angels Daycare — 1312 7th Ave E, Twin Falls, ID 83301
- A Joyful Noise Childcare — 830 Maurice St, Twin Falls, ID 83301
- Sweet Bee's Daycare — 1510 9th Ave E, Twin Falls, ID 83301
- Little leaders learning academy, Inc — 1150 Addison Ave E, Twin Falls, ID 83301
Frequently Asked Questions
What type of property is this?
Day care center - Day care center building with flexible multi-section layout, ADA-compliant access, and multiple outdoor patios.
Where is this day care center located?
The property is located at 1830 Addison Ave E Twin Falls, ID.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: 1.22‑acre day care center building with three distinct interior sections; Extensively renovated in 2021 with new sewer and water lines, electrical upgrades, and enhanced insulation; ADA‑compliant access plus laundry hookups
