Current Use by Public Records
- Specialty properties
Property Details for 0 Nova Rd
- Year built
- 1983
- Lot size
- 4.60 lot acres
- Property type
- Specialty properties
- Property subtype
- Schools
Description
This exceptional 49,975-square-foot commercial property, situated on a 4.6-acre lot in Ormond Beach, Florida, presents a unique investment opportunity. Built in 1983 and extensively renovated in 2010, the single-story building boasts a 20-foot ceiling height throughout most of its space and features 185 parking spaces with ample room for expansion. The property enjoys 290 feet of frontage on S Nova Road, offering excellent visibility and accessibility with two entrances and monument signage. Zoned B-8 General Commercial, permitted uses include schools, adult day care, assisted living facilities, various retail and business operations, and more. The property's location is within a rapidly growing area, approximately three miles east of I-95 and one mile south of W Granada Boulevard, with thousands of new residential units recently constructed and many more under development. The building's current configuration includes approximately 22 classrooms, 15 with bathrooms, a commercial kitchen, and numerous sinks and toilets. Significant upgrades include 10 HVAC units replaced in 2016 and a new fire alarm panel in 2023. The asking price is $6,650,000, with exceptional owner financing available requiring a $3 million down payment. The property is being sold "as is," subject to inspection. The property's APN is 21 14 32 00 03 0090. This is a remarkable opportunity for a variety of uses, benefiting from its size, location, and zoning flexibility.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0793
- Latitude
- 29.2679
