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    1100 Reba Macentire Ln Denison, TX 75020

    For Sale
    $2,500,000

    Renovated 16-bed memory care facility on 3 acres.

    Lot size:
    3.00 Acres

    Property Features for 1100 Reba Macentire Ln

    General Information

    Lot size
    3.00 Acres

    Building Details

    Year built
    1995

    Source: Coldwell Banker Apex, REALTORS Agent Aaron Morrow

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

    Overview

    16-Bed Memory Care Facility

    This is a 16-bed small assisted living facility, specifically a memory care facility, situated on 3 acres of secluded land. The property has been thoroughly renovated to meet ADA compliance, featuring ADA bathrooms and accessible living areas. The facility includes high-end amenities designed to command higher bed rents. Interior features include a salon, resident rooms with private ensuite baths, large living areas with a floor-to-ceiling stone fireplace, a commercial kitchen, and a large laundry area. The property is located in an area with the Reba MacEntire Center for Rehabilitation and other facilities. The property is intended for re-licensing and operation as an assisted living facility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

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

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

    Similar Places Nearby

    Stone Brook Assisted Living & Memory Care, Exbury Garden Assisted Living Community

    Location Insight

    • Map
    • Local Demand
    City
    Denison
    County
    Grayson
    State
    Texas
    Longitude
    -96.551548
    Latitude
    33.770997

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    FAQs

    What type of property is this?
    Assisted living facility - Renovated 16-bed memory care facility on 3 acres.
    Where is this assisted living facility located?
    The property is located at 1100 Reba Macentire Ln Denison, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Opportunity to re-license and operate a 16-bed Small ALF - B Memory Care facility.; - High-end amenities designed to command higher bed rents.; - All resident rooms feature private ensuite bathrooms.
    Request Owner's contact information
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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
    1100 Reba Macentire Ln Denison, TX 75020
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