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    209 S Church St Prosper, TX 75078

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    For Sale
    $3,500,000

    14-bed memory care facility in Prosper, Texas.

    Lot size:
    0.24 Acres

    Property Features for 209 S Church St

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    2021

    Source: Coldwell Banker Apex, REALTORS Agent Aaron Morrow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Licensed Memory Care Facility

    This is an opportunity to re-license and operate a 14-bed small assisted living memory care facility. The property includes amenities designed to command higher bed rents. All resident rooms feature private ensuite bathrooms. The facility offers large living areas with a floor-to-ceiling fireplace, a commercial kitchen setup, and a large laundry area. Rebuilt in 2021 and thoroughly renovated to meet ADA compliance, the property features ADA bathrooms and accessible living areas. The design and construction of this facility prioritized quality.
    Insight Report Location Intelligence

    Current Use by Public Records

    Silver Leaf Assisted ... Assisted Living Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Prosper Elder Care at Eckelberry, Eckelberry Elder Care

    Location Insight

    • Map
    • Local Demand
    City
    Prosper
    County
    Collin
    State
    Texas
    Longitude
    -96.797934
    Latitude
    33.2342799

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    FAQs

    What type of property is this?
    Assisted living facility - 14-bed memory care facility in Prosper, Texas.
    Where is this assisted living facility located?
    The property is located at 209 S Church St Prosper, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Ready-to-license 14-bed memory care facility in Prosper.; - Rebuilt in 2021 with **high-end amenities.**; - **All resident rooms feature private ensuite bathrooms.**
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    209 S Church St Prosper, TX 75078
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