Prime investment opportunity. This building is currently operating as a church, daycare, and private school facility. School faculty is able
to stay if the buyer would like to continue to run it with the current staff in place. This acreage is a prime location with frontage on two
roadways, one being C. H. James Pkwy. traffic light in place, high traffic count, 20,000+, the property also has 1,500ft of frontage on the
Silver Comet trail. Perfect location for a Quick Trip shopping center or condo/apartment high rise. Currently zoned as residential with
special use for church. Multiple buildings on the property are modular and could be sold and moved. Private schools can hold up to 500
students. Industrial kitchen equipment in the school cafeteria and gymnasium. The gymnasium had a brand-new floor installed last year.
The current Cap rate of 7.5% is solely based on the current enrollment in the school and daycare, not the church income. Current private
school enrollment is less than half of the maximum capacity leaving potential for growth.
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Listing Snapshot
Bedrooms
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
90,000 sqft
Lot Size
16.7 Acres
Year Built
2000
MLS® Number
7416946
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
6 months ago
Listing updated with changes from the MLS®
General Features
Acres
16.7
Foundation
None
Number Of Stories
1
Parking
Parking Lot
Parking Spaces
150
Sewer
Public Sewer
SqFt Total
90000
Stories
One
Utilities
Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater Available
Water Source
Public
Zoning
Res
Interior Features
Basement
None
Cooling
Central AirZoned
Electric
220 Volts440 Volts
Flooring
CarpetConcreteVinylOther
Heating
CentralZoned
Interior
Other
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Exterior Features
Construction Details
BlockConcrete
Fencing
None
Lot Features
Corner LotLevel
Other Structures
None
Road Frontage
Highway
Roof
Metal
View
Other
Waterfront Features
None
Waterview
Other
Community Features
Accessibility Features
Accessible DoorsAccessible Entrance
Financing Terms Available
CashConventional
Roads
Paved
Listing Provided Courtesy Of: Joanna Dowda of Century 21 Novus Realty joannadowda@gmail.com
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