0 Booker St Kaufman, TX 75142
This exceptional 2.433-acre land parcel in Kaufman, Texas, presents a unique opportunity for senior housing development. Ideally situated on the hard corner of Booker and Carver Streets, this property boasts high visibility and convenient access. Its proximity to major thoroughfares—less than 1.5 miles from US-175 (8,120 vehicles per day) and SH-34 (14,446 vehicles per day)—ensures excellent accessibility for residents and visitors. Furthermore, its location just 1.5 miles from Texas Health Presbyterian Hospital adds significant value. The property is zoned for Senior Housing, and comprehensive building development plans are available to the buyer, streamlining the development process. The 105,981 square foot lot offers ample space for a substantial senior living community. Located in Kaufman County, one of the nation's fastest-growing counties, this site represents a compelling investment in a thriving market with significant future growth potential. The lease on the property expired on April 30, 2023. This is a remarkable opportunity to establish a thriving senior housing facility in a desirable and rapidly expanding area. The property's strategic location and existing development plans make it an attractive proposition for developers seeking a turnkey project.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.