Open-Room Day Care
For Sale
$1,100,000
5026 Brook Lane, Chubbuck, ID 83201
Flexible building includes office space, three bathrooms, lockers, and an unfinished basement.
Property Size9,955 SF
Price / SF$110.50
Days on Market66
Property Features for 5026 Brook Lane
General Information
Standard status
Active
Size
9,955 SF
Total Parking Spaces
34
Property subtype
Commercial
Amenities
3 office spaces
3 bathrooms
long hall with lockers
6 open large rooms
unfinished basement
3 different entries into parking lot
Building Details
Year Built
2007
Buildings
1
Listing Agency:
Premier Properties Real Estate Co.
Listed By:
Gina Kershaw · License #2552
(208) 244-1523
Source:
Townsendrealtyteam
Added: Aug 11
Changed: Oct 9
Last Checked: Oct 14 at 8:15PM
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 Premier Properties Real Estate Co.
Investment Insights
Based on property information with market context.
Built in 2007, this day care center property is currently configured as a dance studio with six large open rooms, three office spaces, three bathrooms, and a long hallway with lockers. The layout can be adapted for preschool, daycare, office, or retail use, with substantial storage potential throughout the building.
An unfinished basement provides additional space for future completion. The property also offers 34 off-street parking spaces accessed through three separate parking-lot entrances. The south side of the site can be expanded by removing part of the parking area, creating room for a loading dock building, additional storage, or a playground.
An unfinished basement provides additional space for future completion. The property also offers 34 off-street parking spaces accessed through three separate parking-lot entrances. The south side of the site can be expanded by removing part of the parking area, creating room for a loading dock building, additional storage, or a playground.
Key Highlights
- Six large open rooms support the current dance studio layout and potential daycare, preschool, office, or retail conversion
- 3 office spaces and 3 bathrooms
- Long hallway with lockers adds organized circulation and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,904
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,618,080
$1.6M
Cap Rate 7%
$1,155,771
$1.2M
Cap Rate 9%
$898,933
$898.9K
Market Conditions
NOI Build-Up for 9,955 SF
Gross rent
$125.4K $12.60/SF
− Vacancy
−$17.6K −$1.76/SF
EGI
$107.9K $10.84/SF
− OpEx
−$27.0K −$2.71/SF
NOI
$80.9K $8.13/SF
Area
Bannock County, ID
Vacancy
14.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,618,080
Cap Rate 7%
$1,155,771
Cap Rate 9%
$898,933
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $80,904 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,470 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 83201, ID
38,921
Population
15,885
Households
2.5
Avg Household Size
33
Median Age
34%
College-Educated
94%
High-School Grad
34.2 sq mi
ZIP Area
1,138
Density / Sq Mi
$63,209
Median Household Income
$34,118
Median Earnings
$905
Median Rent
$256,100
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
- Melissa's All Star Preschool LLC — 477 Pheasant Ridge Dr # B, Pocatello, ID 83202
- Lil Stars Daycare and Preschool LLC — 224 Evans Ln, Chubbuck, ID 83202
- Mother Goose Pre-School — 420 W Chubbuck Rd, Chubbuck, ID 83202
- Apple Tree Preschool — 212 1/2 E Chubbuck Rd, Chubbuck, ID 83202
- Victory Kids Daycare / Pre-School — 739 E Chubbuck Rd, Chubbuck, ID 83202
Frequently Asked Questions
What type of property is this?
Day care center - Flexible building includes office space, three bathrooms, lockers, and an unfinished basement.
Where is this day care center located?
The property is located at 5026 Brook Lane Chubbuck, ID.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six large open rooms support the current dance studio layout and potential daycare, preschool, office, or retail conversion; 3 office spaces and 3 bathrooms; Long hallway with lockers adds organized circulation and storage
