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Multi-Building Hospital Campus
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707 North Waldrip Street, Grand Saline, TX 75140

Former full-service hospital offers duplex-style buildings and a customizable addition for medical and commercial operations.

Property Size27,534 SF
Price / SF$58.11
Days on Market58

Property Features for 707 North Waldrip Street

General Information

Standard status Active
Size 27,534 SF
Property subtype Office, Mixed Use

Building Details

Year Built 1971
Listing Agency: Jacob Ashley
Listed By: Jonathan Whitehurst · License #0693449
Source: Crexi
Added: Jun 8 Changed: Jul 10 Last Checked: Aug 3 at 1:05PM

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 Jacob Ashley

Investment Insights

Based on property information with market context.

This property is a historically significant former full-service hospital site designed for flexible use. The grounds include three duplex-style buildings that can support medical offices, specialty clinics, professional suites, or other commercial space configurations. There is also an additional building ready to be customized for a range of concepts, including urgent care, retail, office, or service-based uses. A storage building is included to support day-to-day operational needs, and certain equipment is negotiable with the sale of the property.

Located at 707 North Waldrip Street in Grand Saline, Texas, the site sits on an approximately 5.6-acre tract with about 1,000 feet of road frontage, supporting strong visibility and straightforward public access. The expansive grounds can accommodate parking needs and allow room for additional structures or further development, depending on the buyer’s intended program.

For buyers and operators, the mix of existing medical-friendly buildings plus a customization-ready structure supports both single-tenant and multi-tenant plans. Healthcare users may be able to build out exam and specialty space across multiple buildings, while professional and service operators have options for offices and suites within the duplex-style layout. The available acreage and frontage can also help support a broader commercial concept where space planning, parking, and future expansion are part of the business plan.

Key Highlights

  • Former full‑service hospital building built in 1971
  • 5.6‑acre tract with approximately 1,000 ft of road frontage for visibility and access
  • Three duplex‑style buildings suited for medical offices, specialty clinics, professional suites, or income‑producing spaces

Property Analytics

Current Use

Van Zandt Regional ... Hospital Jerome R. Crane, ... Physician Dr. Irfan R. ... Pediatrician Spine and Pain Clinic ... Physician Van Zandt Regional ... Hospital

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 75140, TX

7,538
Population
3,436
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
76%
High-School Grad
116.2 sq mi
ZIP Area
65
Density / Sq Mi
$53,512
Median Household Income
$33,765
Median Earnings
$957
Median Rent
$131,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Hospital - Former full-service hospital offers duplex-style buildings and a customizable addition for medical and commercial operations.
Where is this hospital located?
The property is located at 707 North Waldrip Street Grand Saline, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Former full‑service hospital building built in 1971; 5.6‑acre tract with approximately 1,000 ft of road frontage for visibility and access; Three duplex‑style buildings suited for medical offices, specialty clinics, professional suites, or income‑producing spaces
(903) 918-0592 Call to check price and availability
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