12201 Fm 2759 Rd Richmond, TX 77469
- Specialty properties
- 5,300 SF
- 10.00 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 12201 Fm 2759 Rd
- Year built
- 1973
- Lot size
- 10.00 lot acres
- Property size
- 5,300 SF
- Property type
- Specialty properties
- Property subtype
- Retirement homes
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.6175
- Latitude
- 29.5167
