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    12201 Fm 2759 Rd Richmond, TX 77469

    For Sale
    $1,595,000

    10-Acre Assisted Living Opportunity

    Property size:
    5,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 5,300 sq ft assisted living facility in Richmond, TX, sits on 10 acres and offers 15 beds. Built in 1973 and renovated in 2019, the property includes six bedrooms, five full bathrooms, and one half-bath. The single-story building is situated on unrestricted land and is currently vacant. The asking price is $1,595,000 ($300.94/sq ft). The property features a swimming pool and ample space for expansion. Additional acreage and a 2,800 sq ft building are optionally available for purchase. Its location near a hospital and affluent neighborhoods offers strong potential for client acquisition. The seller is open to financing options, making this an attractive investment opportunity in the growing long-term care market. The property's existing layout can be easily adapted to accommodate additional beds and amenities. This presents a unique chance to establish a high-quality assisted living facility in a desirable area. The property is zoned unrestricted, offering flexibility for future development. This is a prime opportunity for investors and developers seeking to capitalize on the increasing demand for senior care services.

    Property Features for 12201 Fm 2759 Rd

    General Information

    Property type
    Retirement homes
    Square Feet
    5,300 SF
    Lot Size
    435,600 SF

    Building Details

    Year Built/Renovated
    1973/2019
    Buildings
    1
    Stories
    1

    HighLights

    • 15‑bed assisted living facility on 10 acres in Richmond, TX.
    • 5,300 sq ft building, built in 1973, renovated in 2019. Features six bedrooms, five full baths, one half‑bath, and a swimming pool.
    • Currently vacant, sits on unrestricted land, offering expansion potential.
    • Asking price: $1,595,000 ($300.94/sq ft). Seller financing available.
    • Optional purchase of additional acreage and a 2,800 sq ft building. Near hospital and affluent neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Law Firm Department Store Discount Store Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.617481270521
    Latitude
    29.516681277558

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    FAQs

    What type of property is this?
    Retirement home - 10-Acre Assisted Living Opportunity
    Where is this retirement home located?
    The property is located at 12201 Fm 2759 Rd Richmond, TX.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: 15-bed assisted living facility on 10 acres in Richmond, TX.; 5,300 sq ft building, built in 1973, renovated in 2019. Features six bedrooms, five full baths, one half-bath, and a swimming pool.; Currently vacant, sits on unrestricted land, offering expansion potential.
    Request Owner's contact information
    12201 Fm 2759 Rd Richmond, TX 77469
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    Richmond, TX 77469
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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
    12201 Fm 2759 Rd Richmond, TX 77469
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