Former Charter School

  SOLD July 2014 for $600,000

201 Moody Boulevard, Bunnell, Florida 32110


Building Size37,620 Square Feet
Land Size63,000 Square Feet
ZoningB-1
ElectricCity
Year Built2004
ConstructionConcrete Block, Frame, Steel o
RoofBuilt Up Gravel, Metal
SewerCity
Parking25
WaterCity

PRICE REDUCED BELOW ASSESSED VALUE OF $1,267,000. This property had been home to a charter school who had paid rent of $12,500 per month. Four separate buildings consist of classrooms, cafeteria, and all purpose facilities. Permitted uses of this complex include restaurants, hotels, retail businesses, hardware stores, day care, church, etc. Open area in center of property can remain as a playground or be converted to additional parking. Utilizing current market cap rate of 8%, the value of this property is $1.875 million. Location is one-tenth mile from US1 & SR 100 intersection. This property encompasses an entire city block. Priced at $995,000, or under $30 per square foot1-an exceptional value for an end user or investor.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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