499 S Nova Rd - Schools FOR SALE


Ormond Beach, FL 32174
$6,650,000 USD
561-654-7341
499 S Nova Rd, Ormond Beach, FL for Sale
$6,650,000 USD
Schools - FOR SALE
1/35
null | Request Cap Rate

499 S Nova Rd
Ormond Beach, FL 32174


HIGHLIGHTS

  • Incomparable opportunity! +/- 50,000sf school In nearly turnkey condition on 4.6-acre lot, in area of explosive growth offered at $135/sf!
  • FL DOE & SUFS FL Scholarship compliant. Registered with the National Database of Schools by City of Ormand Beach.
  • 290' of frontage on S Nova Road with monument signage, 2 entrances and 185 parking spaces (w/room for more)
  • 22 classrooms (750sf avg), 15 w/bathrooms. 10,000+ sf gym, multipurpose + additional rooms. Ample SF to add more classrooms!
  • Updated Electric, Fire , HVAC. Commercial grade kitchen DOH compliant, NSLP ready.
  • Exceptional Owner Financing With $3M Down.

OVERVIEW

Under Contract- Taking Backups The Best Private/Charter/Parochial School deal in Florida! Huge Price Reduction - Only $135/sf- Far below reprodcution cost. B-8 Zoning also allows the following uses: House of Worship, Retail, Instructional Physical Activity (sports complex/pickleball?), Restaurant, Office, etc. See B-8 Zoning Map and Uses in Brochures & Other Documents 290' on Nova road with 2 entrances, monument signage and 185 parking spaces (w/room for more) Do not miss the opportunity to acquire an almost turnkey school in an area of explosive growth & demand for quality educational facilities. 5 mile radius has seen 4500+ new residential and multi-family units delivered w/in the past 3 years. Short drive from thousands of new homes being with median HHI over $90K (see map in brochures & other documents)! ICI, D. R. Horton, Pulte, Lennar, Taylor Morrison, Meritage, Ryan and others building in the area. +/- 50,000 sf School Building on a private, landscaped 4.6-acre lot w/expansive field, playground and garden areas. Backs to Ormond Beach's 150-acre Central Park and Fox Hollow (attractive neighborhood of single family homes). Short walk to the Environmental Discovery Center. Zoning: Private School/College. Underlying Zoning is B-8 Volusia County ranked 57th largest in US. 14th largest in FL, serving 63,000 students. Only 9 Charter Schools 3 of the 4 public elementary schools are over capacity 3 closest Daytona Beach public elementary schools have below avg ratings (within 7.5 miles) +/- 20% increase in Charter School Enrollment FL DOE & SUFS FL Scholarship Compliant. Registered with the National Database of Schools by City of Ormand Beach. Built in 1983. Gutted and Renovated into a School in 2010. 22 bright, oversized classrooms (750sf avg). 15 with bathrooms. All classrooms have sinks Building has a total of 37 toilets and 40 sinks. Ample space to increase the number of classrooms under roof Indoor playground - can be converted into 2-3 additional classrooms. Large general purpose room. Multipurpose area + 2 additional rooms (see floor plan). 10,000sf+ gym with 20' clear height ceiling and large observation area. Commercial grade kitchen (DOH compliant and NSLP ready) & large cafeteria. Spacious, welcoming lobby/reception area. Museum/display area. Lounge w/kitchenette. 2023 Fire alarm panel and smoke detectors. Full sprinkler system. 460V 3-phase service 10 rooftop HVAC units replaced 2016. Elastomeric roof coating in 2016. Vinyl flooring. Ormond Beach water/sewer/trash & FPL for electric. Sale includes furniture, fixtures and equipment (student desks w/chairs and teacher’s desks, etc.). Exceptional Owner Financing with minimum of $3M down. Seller can close quickly. Terms: POF Letter required with all offers. Sold "As Is" subject to inspections No financing contingency Not subject to site plan approval or change in zoning Easy to show- Contact Listing Agent Jeff Cohen Broker-Associate Keyes 561-654-7341 jicbroker1@gmail.com All information is believed accurate but is not guaranteed and may be subject to errors & omissions + subject to change without notice. All measurements are approximate.

FOR SALE DETAILS

PRICE

$6,650,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Best Private/Charter School Deal in FL!

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Religious Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

4.6 AC

LAND SF

200,376 SF

ZONING

School

APN/PARCEL ID

4221-00-03-0090

ASK ABOUT THIS PROPERTY

Jeff CohenThe Keyes CompanyMore Info
561-654-7341

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Jeff CohenThe Keyes CompanyMore Info
561-654-7341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.