Private School
For Sale
$4,500,000
6837 Lakeville Rd, Orlando, FL 32818
Operating educational campus with worship, residential, and institutional improvements under A-1 zoning.
Property Size12,689 SF
Lot Size9.02 Acres
Price / SF$354.64
Days on Market54
Property Features for 6837 Lakeville Rd
General Information
Standard status
Active
Size
12,689 SF
Lot size
9.02 Acres
Zoning
A-1, Citrus Rural District
Site & Location
Neighborhood
Lakeville Oaks Homeowners Association, Inc. (Clarcona Rs)
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
full commercial kitchen
Promethean boards in every classroom
fiber optic service throughout the property
security and access control infrastructure
new septic system
illuminated parking with space for recreational vehicles
Building Details
Year Renovated
2025
Buildings
4
Listing Agency:
BENITEZ ROYAL REALTY LLC
Listed By:
Elsie Benitez, PA · License #3194228
(407) 982-6205
Source:
Exprealty
Added: Aug 31
Changed: Oct 12
Last Checked: Oct 23 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BENITEZ ROYAL REALTY LLC
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Investment Insights
Based on property information with market context.
This 9.02-acre campus combines an operating private school with a church facility and four residential apartments. The property includes four buildings totaling 12,689 square feet, including a 6,400-square-foot sanctuary with seating for 300, a movable partition, 14 classrooms, a science room, and a commercial kitchen. The modular school building dates to 2023, while the prekindergarten building received a new roof and air conditioning system in 2022. The church was substantially renovated in 2025.
The school is licensed by the State of Florida for up to 260 children and offers dual enrollment through the University of South Florida and Seminole State College. Promethean boards, fiber optic service, security and access control systems, a new septic system, and illuminated parking are in place. Four apartments total 2,176 square feet, with three scheduled for vacant delivery. Access is provided from Lakeville Road and Hiawassee Road near the State Road 414 interchange. The campus is zoned A-1, Citrus Rural District.
The school is licensed by the State of Florida for up to 260 children and offers dual enrollment through the University of South Florida and Seminole State College. Promethean boards, fiber optic service, security and access control systems, a new septic system, and illuminated parking are in place. Four apartments total 2,176 square feet, with three scheduled for vacant delivery. Access is provided from Lakeville Road and Hiawassee Road near the State Road 414 interchange. The campus is zoned A-1, Citrus Rural District.
Key Highlights
- 9.02‑acre private school and church campus in Orange County
- Four buildings totaling 12,689 square feet
- 6,400‑square‑foot sanctuary with seating for 300
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,495
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,349,900
$3.3M
Cap Rate 7%
$2,392,786
$2.4M
Cap Rate 9%
$1,861,056
$1.9M
Market Conditions
NOI Build-Up for 12,689 SF
Gross rent
$304.5K $24.00/SF
− Vacancy
−$36.5K −$2.88/SF
EGI
$268.0K $21.12/SF
− OpEx
−$100.5K −$7.92/SF
NOI
$167.5K $13.20/SF
Area
Orlando, FL
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,349,900
Cap Rate 7%
$2,392,786
Cap Rate 9%
$1,861,056
Alternative Uses
Best Use
Mixed Use
$2.39M
$2.09M – $2.79M
NOI $167,495 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.09M
$3.58M – $4.77M
NOI $286,130 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Explore this area
Business Placement
Demographics for 32818, FL
48,052
Population
18,775
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
83%
High-School Grad
11.1 sq mi
ZIP Area
4,329
Density / Sq Mi
$60,182
Median Household Income
$31,371
Median Earnings
$1,486
Median Rent
$278,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
School - Operating educational campus with worship, residential, and institutional improvements under A-1 zoning.
Where is this school located?
The property is located at 6837 Lakeville Rd Orlando, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 9.02‑acre private school and church campus in Orange County; Four buildings totaling 12,689 square feet; 6,400‑square‑foot sanctuary with seating for 300
