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Property profile & analytics
OFF-MARKET
Specialty properties

12201 Fm 2759 Rd Richmond, TX 77469

5,300 SF 10 ac lot Built 1973
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Specialty properties
Year built 1973
Total area 5,300 SF
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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