499 S Nova Road, Ormond Beach, FL

$8,800,000

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49,975

Square feet

4.60

Acres

About 499 S Nova Road

Huge Price Reduction!By Far The Best Private/Charter School Opportunity in FL! Only $176/sf! Less than 1/2 the cost to reproduce! Located in an area of explosive growth and high HHI! +/- 50,000sf school on 4.6 landscaped acres. expansive playground. field & garden areas. Backs 150-acre Central Park & the Environmental Discovery Center. 290' on S Nova Rd w/Monument signage, 150 parking spotsTotal building remodel in 2010 into 22+ oversized classrooms (750sf avg), 15 w/bathrooms. All have sinks. Ample space under roof to add more classrooms. 10,000+ sf gym w/ 20' clear height ceiling, Commercial Grade Kitchen (DOH compliant & NSLP ready), cafeteria, large reception/lobby + lounge area.Possible Owner Financing w/35% downIncomparable opportunity to purchase a +/- 50,000sf school in nearly turnkey condition on a private, landscaped 4.6- acre lot. Positioned in path of explosive growth. Only +/- 3 miles from I-95 - Exit 268/W Granada Blvd. Thousands of homes being built within 5-7 miles Taylor Morrison, D R Horton, Pulte, Lennar, ICI, Meritage, Ryan and others are building in the area! $95K Median HHI within 5 miles Volusia County ranked 57th largest in US. 14th largest in FL, serving 63,000 students. Only 9 Charter Schools 3 of 4 Ormond Beach 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 Property Use Code 7200- Private School/College Area zoning is General Commercial B-8 FL DOE & SUFS FL Scholarship compliant. Registered with the National Database of Schools by City of Ormand Beach Building was gutted and renovated in 2010 (built in 1983) 290' of frontage on S Nova Road with monument signage 150 parking spaces Expansive playground, field and garden areas. 22 bright, oversized classrooms (750sf avg) 15 classrooms with bathrooms. All have sinks Building has a total of 37 toilets and 40 sinks Commercial grade kitchen DOH compliant and NSLP ready. 10,000+ sf gym with 20' clear height ceiling Indoor playground which can be converted into 2-3 additional classrooms Large general purpose room Spacious, welcoming lobby/reception area Museum/display space Lounge w/kitchen Multipurpose area + 2 additional rooms (see floor plan). Numerous systems upgrades, incl: 2023 fire alarm panel & smoke detectors. Full sprinkler system 460V 3-phase service. for 10 rooftop HVAC units (replaced 2016). Elastomeric roof coating 2016. Ormond Beach water/sewer/trash & FPL for electric. Sale includes furniture, fixtures and equipment (student desks w/chairs and teacher's desks). Ample SF to increase number of classrooms! Ready for operation - Owner can close quickly Terms: POF letter required with all offers No financing contingency Sold "As Is" subject to inspection

Features of 499 S Nova Road

MLS® # RX-10991783
Price $8,800,000
Square Footage 49,975
Acres 4.60
Year Built 1983
Type Commercial
Sub-Type Other, Retail
Style Free Standing, Office/Retail, Other, Recreation Facilitiy, Special Purpose
Status Active

Community Information

Address 499 S Nova Road
Area 5940
City Ormond Beach
County Volusia
State FL
Zip Code 32174

Amenities

Utilities 110, Cable, 3-Phase Electric, Public Sewer, Public Water, Well Water
Is Waterfront No

Interior

Appliances Building and Land, Equipment, Fixtures, Furniture
Heating Electric, Zoned
Cooling Central, Electric, Zoned
# of Stories 1

Exterior

Lot Description School
Roof Metal, Roofover, Steel Joist
Construction Block, Metal

Additional Information

Zoning School PVT 7200
RE / Bank Owned No

Listing Details

OfficeThe Keyes Company

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