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    Standalone Day Care/Preschool Building Title is generated by Realmo AI

    2801 Godman, Chico, CA 95973

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    Claim this Listing
    New
    For Sale
    $635,000

    Commercial Sale - Chico, CA

    Property size:
    3,070 SF
    Price / SF:
    $206/SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 12:06 am

    Property Features for 2801 Godman

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    007220023000
    Size
    3,070 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1998
    Architectural style
    Other

    We can help!

    Listing Contact
    Elisa Logan

    Listing agent Elisa Logan License #02022183

    Listing office Platinum Partners Real Estate 1209 Esplanade Suite 3, Chico, CA

    Listing date Jun 3, 2026

    MLS# SN26119786 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Standalone commercial building in North Chico built in 1998 with central air
    • Previously operated as a licensed daycare and preschool, with a layout that includes classrooms and a kitchen
    • 3 restrooms already in place, supporting a childcare or education use
    • Originally designed as three ~1,000 SF suites with separate entrances and electrical meters
    • Each suite has its own HVAC systems; demising walls could be reinstalled to create multiple tenant spaces
    • 13 off‑street parking spaces plus convenient freeway access

    Overview

    This standalone commercial building, offered for sale, was previously operated as a licensed daycare and preschool. The current interior layout includes classrooms, a kitchen, and three restrooms, with the space already configured to support a childcare or education program. The building is also designed for flexibility, with a former three-suite arrangement that includes separate entrances, three restrooms, electrical meters, and HVAC systems associated with each space.

    Located at 2801 Godman in Chico, California, the property sits on a high-traffic corner lot with strong exposure. The site includes 13 off-street parking spaces and offers convenient freeway access. The surrounding area includes shopping centers, restaurants, and other amenities.

    For a childcare operator or educational user, the existing room count and restroom availability can help reduce early buildout needs, while a new operator would be responsible for obtaining their own licensing. For investors or owner-users, the separate entrances and individual electrical meters and HVAC systems provide a workable foundation for multiple-tenant use, with demising walls noted as being able to be reinstalled to re-create suite separation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sunny Garden Chico Family Recreation Center Music Together Chico Vocational School

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Sunny Garden Chico — 2801 Godman Ave #140, Chico, CA 95973
    • Kinder Kids — 2845 Esplanade, Chico, CA 95973
    • Koala-Tee Family Day Care — 3056 Snowbird Dr, Chico, CA 95973
    • Shasta CC — 194 E Shasta Ave, Chico, CA 95973
    • Music Together Chico — 2801 Godman Ave, Chico, CA 95926

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.8567648
    Latitude
    39.7666974

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    FAQs

    What type of property is this?
    Day care center - Standalone corner building with classroom spaces, kitchen, and three restrooms, plus separate utilities for flexible occupancy.
    Where is this day care center located?
    The property is located at 2801 Godman Chico, CA.
    What is the asking price?
    The asking price for this property is $635,000.
    What are key features of this property?
    This property features: Standalone commercial building in North Chico built in 1998 with central air; Previously operated as a licensed daycare and preschool, with a layout that includes classrooms and a kitchen; 3 restrooms already in place, supporting a childcare or education use
    (530) 570-9192
    We can help!
    Listing Contact
    Elisa Logan
    Real Estate License ID: 02022183
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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