499 Nova RdOrmond Beach, FL 32174

Property Details for 499 Nova Rd

Year built

1983

Lot size

4.60 AC

Property size (Sq ft)

49,975 SF

Property type

Specialty properties

Property subtype

Churches & religious facilities

Description

This exceptional ±50,000 square foot school building, situated on a 4.6-acre lot in Ormond Beach, Florida, presents a unique investment opportunity. The property, built in 1983 with significant renovations in 2010, boasts 22 oversized classrooms (averaging ±750 square feet), many with private bathrooms, an indoor playground (convertible to additional classrooms), a 10,000 square foot gymnasium with a 20-foot ceiling, a commercial-grade kitchen, cafeteria, and ample lobby space. The building also includes a multipurpose area, additional rooms, and museum/display space. The property features 185 parking spaces with expansion potential and is conveniently located on 290 feet of frontage on S Nova Rd, with monument signage. Zoned for private school/college use (7200) with underlying B-8 commercial zoning, this versatile property is ideally suited for a variety of uses, including private/charter/parochial schools, sports complexes, or religious institutions. The property is located approximately 3 miles from I-95, benefiting from the explosive growth in Ormond Beach and surrounding areas, with thousands of new residential units built within a 5-mile radius. The building includes numerous recent upgrades, including a new fire alarm system, sprinkler system, HVAC units (2016), and roof coating (2016). Furniture, fixtures, and equipment are included in the sale. The asking price is $6,650,000, with owner financing available with a minimum $3 million down payment. The property is sold "as is," subject to buyer inspections. All information is believed accurate but is not guaranteed and may be subject to errors and omissions.

Location Insight

City

Ormond Beach

County

Volusia

State

Florida

Latitude

29.2681

Longitude

-81.0783

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