Day Care Center Building with Outdoor
For Sale
$625,000
Pending
1830 Addison Ave E, Twin Falls, ID 83301
Day care center building with flexible multi-section layout, ADA-compliant access, and multiple outdoor patios.
Property Size3,078 SF
Lot Size1.22 Acres
Days on Market139
Property Features for 1830 Addison Ave E
General Information
Standard status
Pending
Size
3,078 SF
Lot size
1.22 Acres
Property subtype
Commercial
Zoning
COM
Additional Details
Utilities to Site
Yes
Amenities
outdoor patios
playground
fenced farmyard
irrigation system
security camera system
laundry hookups
modernized kitchens
ADA-compliant access
mature landscaping
Lot Size Area: 1.22, Lot Features: 1 - 4.99 Acres, Lawn Sprinklers, Lot Size Acres: 1.22, Lot Size Square Feet: 53143.2, Lot Size Units: Acres
Fencing: Full, Fenced
Flooring: Concrete, Wood, Other
Cooling: Central Air, Cooling YN: t
Heating: Electric, Forced Air, Baseboard, Heating YN: t
Business Type: Special Purpose, Listing Id: 98983923, Listing Service: Limited Service, Listing Terms: Consider All, List Price: 625000, Mls Status: Pending, Standard Status: Pending
Above Grade Finished Area Units: Square Feet, Below Grade Finished Area Units: Square Feet, Building Area Total: 3078, Building Area Units: Square Feet, Building Features: Lighting, Construction Materials: Frame, Stucco, Living Area: 3078, Living Area Units: Square Feet, Stories: 1, Year Built: 1958
City: Twin Falls, Coordinates: -114.449776, 42.562859, Country: US, County Or Parish: Twin Falls, Directions: On Addison Ave E, just west of Happy Camper and Boyer Jewelers. On the opposite side of the road as Smith's Grocery., Latitude: 42.562859, Longitude: -114.449776, Postal Code: 83301, State Or Province: ID, Street Name: Addison Ave E, Street Number: 1830, Street Number Numeric: 1830, Unparsed Address: 1830 Addison Ave E, Twin Falls ID 83301
Farm Land Area Units: Square Feet, Leasable Area Units: Square Feet, Parcel Number: RPT0721000001Q, Possible Use: Land Suitable(Residential, Office, Retail, Other), Industrial Suitable(Flex Space, Office Showroom), Multi Family Suitable(Garden/Low Rise), Office Suitable(Medical Office, Wholesale, Creative/Loft, Institutional/Gov, Office Building, Warehouse), Retail Suitable(Vehicle Related, Other, Day Care Facility, Free Standing Building, Retail Pad, Street Retail), Shopping Center Suitable(Community Center, Neighborhood Center, Outlet Center, Specialty Center, Theme/Festival Center), Special Purpose Suitable(Recreation, Religious, Other), Sport/Entertainment Suitable(Theatre/Performing), Property Attached YN: t, Property Type: Commercial Sale, Security Features: Fire Alarm, Fire Sprinkler System
Utilities: Sewer Connected, Natural Gas Available
Water Source: City Service
Accessibility Features: Handicap Access
Exterior Features: Paved Outside Area
Building Details
Year Built
1958
Year Renovated
2021
Listing Agency:
Continental Real Estate Group,
Listed By:
Christine Eisenberg · License #313263
(877) 996-5728
Source:
Thgboise
Added: Apr 28
Changed: Sep 12
Last Checked: Sep 13 at 10:09AM
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
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,511
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$530,220
$530.2K
Cap Rate 7%
$378,729
$378.7K
Cap Rate 9%
$294,567
$294.6K
Market Conditions
NOI Build-Up for 3,078 SF
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.
Gross rent
$40.6K $13.20/SF
− Vacancy
−$5.3K −$1.72/SF
EGI
$35.3K $11.48/SF
− OpEx
−$8.8K −$2.87/SF
NOI
$26.5K $8.61/SF
Area
Twin Falls County, ID
Vacancy
13.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$530,220
Cap Rate 7%
$378,729
Cap Rate 9%
$294,567
Alternative Uses
Best Use
Office B
$378.7K
$331.4K – $441.9K
NOI $26,511 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$706.1K
$617.8K – $823.8K
NOI $49,427 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83301, ID
60,789
Population
24,466
Households
2.5
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
295.7 sq mi
ZIP Area
206
Density / Sq Mi
$62,388
Median Household Income
$36,276
Median Earnings
$1,011
Median Rent
$290,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
- Angels Daycare — 1312 7th Ave E, Twin Falls, ID 83301
- Sweet Bee's Daycare — 1510 9th Ave E, Twin Falls, ID 83301
- A Joyful Noise Childcare — 830 Maurice St, Twin Falls, ID 83301
- Sunshine Kids Childcare & Preschool — 2230 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 $625,000.
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
