Senior Housing

Groves, TX Senior Housing / Retirement Homes for Sale

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Corner Development Land Opportunity
Updated: Apr 7
Corner Development Land Opportunity

5500 39th St, Groves, TX 77619

$995,000
Highly visible corner land parcel at the intersection of Hwy 73 and 39th Street
Current zoning allows for multiple uses including retail, office, apartments, a senior living community, and an RV park
Concept survey and current survey are available on file
Existing structures hold no value
Abatement testing has been completed, with demolition bids already in place
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Groves, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Nursing Home Building
Renovated Nursing Home Building

400 S Bond St, Whitewright, TX 75491

$750,900
30,540 sqft

Vacant healthcare building with updated roofing, HVAC, flooring, walls, electrical, and plumbing.

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Renovated Nursing Home Building
Renovated Nursing Home Building

400 S Bond Street, Whitewright, TX 75491

$750,900
2.63 AC lot

Vacant brick facility with updated building systems and multifamily zoning in Whitewright.

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Apartment Building with Reception Area
Apartment Building with Reception Area

8416 Mesa Dr Unit 9, Houston, TX 77028

$249,000
2,646 sqft 0.18 AC lot

Former senior living facility with bedrooms, common living space, kitchen area, and multiple bathrooms.

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Senior Housing Retirement Facility
Senior Housing Retirement Facility

9202 ASHVILLE DR, Houston, TX 77051

Contact for pricing
3,732 sqft

For sale senior housing healthcare property at 9202 Ashville Dr with 3,732 square feet of facility space.

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Off-Market Properties in Groves, TX

Consider similar Off-Market properties in Groves, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6230 Warren St
HOMES (RETIRED, NURSING)

6230 Warren St, Groves, TX 77619-4214

Estimated value:
$685,000
21,000 sqft 4.78 AC lot
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4400 Gulf Ave
HOMES (RETIRED, NURSING)

4400 Gulf Ave, Groves, TX 77619-3717

Estimated value:
$850,000
37,083 sqft 2.07 AC lot
View details

Groves, TX Senior Housing / Retirement Homes Market Trends and Statistics

Explore 3 senior housing / retirement homes for sale in Groves, TX on our real estate platform.

Sale prices for assisted living facilities in Groves, TX average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 17K
Population Growth (5Y) +8.0%
Median Household Income $70,485
College Educated 17.0%

High-Yield Neighborhoods for Investment

Identify Groves submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
77619 $995K

Taxes & Financing

Tax Rate (average for all types) 2.57%
Property Tax per SF $43.63 per SF
Tax Rate vs County Average 0.55 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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