Land for Assisted Living
For Sale
$700,000
5350 Cypresswood Dr, Spring, TX 77379
Land with plans for a memory care facility in Spring.
Property Size18,959 SF
Lot Size1.49 Acres
Price / SF$36.92
Days on Market198
Property Features for 5350 Cypresswood Dr
General Information
Standard status
Active
Size
18,959 SF
Lot size
1.49 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$5,370
Listing Agency:
Katarzyna Myhan, Broker
(713) 855-0588
Listed By:
Kate Myhan · License #0719484
(713) 855-0588
Source:
Exprealty
Added: Feb 13
Changed: Aug 25
Last Checked: Aug 29 at 11:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Katarzyna Myhan, Broker
Investment Insights
Based on property information with market context.
This property presents an opportunity to develop a single-story, purpose-built memory care (assisted living) facility in Spring, Texas. The construction document set is prepared for an I-2 (Memory Care/Assisted Living) occupancy with Type V-A construction and NFPA 13 fire sprinkler protection. The planned building program includes a total floor area of 18,959 square feet. The gross building area is 18,959.8 square feet, with additional covered/ancillary areas such as a loading dock (190.1 square feet), garden patio (232.6 square feet), front porch (211.6 square feet), porte cochere (484.3 square feet), and back porch (54.7 square feet), bringing the total covered/gross area to 20,133.2 square feet. The net conditioned building area is 18,545.3 square feet. The building is designed as a one-story structure. The site, as per the provided survey, encompasses approximately 1.4919 acres. The permitting/code framework is designed around the 2012 IBC and related disciplines, potentially streamlining the permitting process for a buyer/developer to re-activate permitting and proceed with development. This site is suited for an owner-operator or developer seeking a memory care/assisted living facility site with purpose-built plans, a covered entry (porte cochere), and outdoor/patio components already incorporated into the design.
Key Highlights
- Ready‑to‑develop site for a single‑story, purpose‑built memory care/assisted living facility.
- Includes complete construction document set for I‑2 occupancy with Type V‑A construction and NFPA 13 fire sprinkler protection.
- Streamlined permitting path based on 2012 IBC (buyer to verify current requirements).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
Demographics for 77379, TX
84,704
Population
30,004
Households
2.8
Avg Household Size
38
Median Age
49%
College-Educated
95%
High-School Grad
25.8 sq mi
ZIP Area
3,283
Density / Sq Mi
$110,712
Median Household Income
$58,474
Median Earnings
$1,618
Median Rent
$335,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Land with plans for a memory care facility in Spring.
Where is this commercial land located?
The property is located at 5350 Cypresswood Dr Spring, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Ready‑to‑develop site for a single‑story, purpose‑built memory care/assisted living facility.; Includes complete construction document set for I‑2 occupancy with Type V‑A construction and NFPA 13 fire sprinkler protection.; Streamlined permitting path based on 2012 IBC (buyer to verify current requirements).
