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.