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2060 Nebraska Ave
Palm Harbor, FL 34683
New Horizons Country Day School · Retail Property For Sale
Investment Highlights
- Signalized corner at Nebraska Ave & Belcher Rd with 37,000 ADT
- Affluent 3-mile trade area ($117K avg. income)
- Surrounded by top national retailers & dining
- 30+ year, best-in-class local operator with strong reputation
- Dense population: 76,000+ residents nearby
- 22% of nearby residents under age 40
Executive Summary
CBRE is pleased to present for sale New Horizons Country Day School, a private early education facility located in Palm Harbor, Pinellas County, Florida. The property is positioned within a mature residential neighborhood and sits at a signalized intersection at Nebraska Avenue and Belcher Road - a junction that sees 37,000 motorists pass through each day. The school sits just west of U.S. 19, offering convenient travel for surrounding communities and strong access and visibility along Nebraska Avenue.
New Horizons Country Day is a family owned and operated state of the art learning facility, established in 2006 and licensed by the Department of Children and Families of the State of Florida. The purpose of the center is to provide a superior quality preschool and early childhood development program serving children from six weeks to five years of age, including Florida's Voluntary Pre-Kindergarten (VPK) Program, and a before/after school care program. This location benefits from a deep, established customer base drawn from nearby single-family neighborhoods and growing residential pockets throughout Palm Harbor and northern Pinellas County.
Palm Harbor is one of north Pinellas County's most established suburban submarkets, offering strong household incomes, quality schools, and convenient access to employment centers throughout the Tampa–St. Petersburg–Clearwater metro area. Nebraska Avenue connects directly to Alternate U.S. 19 and U.S. 19, providing efficient regional access while maintaining a neighborhood-scale environment that is attractive to families. Continued residential stability and infill redevelopment in the area support long-term demand for education and childcare services.
With limited competition in the immediate submarket, New Horizons Country Day School is ideal for investors seeking a stabilized asset with an established operator and long-term occupancy, located within a strong suburban township in a tax friendly state.
New Horizons Country Day is a family owned and operated state of the art learning facility, established in 2006 and licensed by the Department of Children and Families of the State of Florida. The purpose of the center is to provide a superior quality preschool and early childhood development program serving children from six weeks to five years of age, including Florida's Voluntary Pre-Kindergarten (VPK) Program, and a before/after school care program. This location benefits from a deep, established customer base drawn from nearby single-family neighborhoods and growing residential pockets throughout Palm Harbor and northern Pinellas County.
Palm Harbor is one of north Pinellas County's most established suburban submarkets, offering strong household incomes, quality schools, and convenient access to employment centers throughout the Tampa–St. Petersburg–Clearwater metro area. Nebraska Avenue connects directly to Alternate U.S. 19 and U.S. 19, providing efficient regional access while maintaining a neighborhood-scale environment that is attractive to families. Continued residential stability and infill redevelopment in the area support long-term demand for education and childcare services.
With limited competition in the immediate submarket, New Horizons Country Day School is ideal for investors seeking a stabilized asset with an established operator and long-term occupancy, located within a strong suburban township in a tax friendly state.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
17,881 SF
Building Class
B
Year Built
1998
Price
$3,500,000
Price Per SF
$195.74
Cap Rate
6.25%
NOI
$218,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
3.03 AC
Amenities
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 01-28-15-59877-000-0010 | Improvements Assessment | $1,243,993 |
| Land Assessment | $686,007 | Total Assessment | $1,930,000 |
Property Taxes
Parcel Number
01-28-15-59877-000-0010
Land Assessment
$686,007
Improvements Assessment
$1,243,993
Total Assessment
$1,930,000
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