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499 S Nova Rd - Best Private/Charter School Deal in FL!

49,975 SF Speciality Building Offered at £5,246,850 in Ormond Beach, FL 32174

Investment Highlights

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

Executive Summary

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.

Property Facts

Price £5,246,850
Price Per SF £105
Sale Type Investment or Owner User
Property Type Speciality
Property Subtype
Schools
  • Specialty Religious Facility
Building Class B
Lot Size 4.60 AC
Building Size 49,975 SF
Number of Floors 1
Year Built/Renovated 1983/2010
Parking Ratio 3/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4221-00-03-0090
Land Assessment
£449,436
Improvements Assessment
£1,288,158
Total Assessment
£1,737,595

zoning

Zoning Code School (7200 School/College Underlying Zoning is B-8 General Commercial)
School (7200 School/College Underlying Zoning is B-8 General Commercial)
  • Listing ID: 31969307

  • Date on Market: 30/05/2024

  • Last Updated:

  • Address: 499 S Nova Rd, Ormond Beach, FL 32174

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