3450 Wagon Wheel Rd - Former Assisted Living Center | Garland, TX
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3450 Wagon Wheel Rd - Former Assisted Living Center | Garland, TX
74,562 SF Health Care Building Offered at $22,000,000 in Garland, TX 75044
Investment Highlights
- Large Capacity: Sitting on 7.14 AC, the former assisted living center has 108 rooms, accommodating up to 166 beds.
- High Population Count: The 3-mile population count is 124,347, with 324,123 residents within a 5-mile radius.
- High Traffic Area: Surrounded by numerous national retailers, the property receives over 20,000 vehicles per day.
- A Growing Business: Seniors 65 and older represent 13.9% of Texas' population, or 4.1 million residents.
- Fully Equipped Facility: The space features 100 parking spaces including handicap parking, a full kitchen, and a fitness center.
Property Facts
| Price | $22,000,000 | Lot Size | 7.14 AC |
| Price Per Bed | $132,530 | Building Size | 74,562 SF |
| Sale Type | Investment | No. Beds | 166 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Assisted Living | Year Built | 2008 |
| Building Class | A | Parking Ratio | 1.34/1,000 SF |
| Price | $22,000,000 |
| Price Per Bed | $132,530 |
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | A |
| Lot Size | 7.14 AC |
| Building Size | 74,562 SF |
| No. Beds | 166 |
| No. Stories | 1 |
| Year Built | 2008 |
| Parking Ratio | 1.34/1,000 SF |
Room Mix Information
| Description | No. Beds |
|---|---|
| Rooms | 166 |
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PROPERTY TAXES
| Parcel Number | 261996200102R0000 | Improvements Assessment | $5,799,910 |
| Land Assessment | $700,090 | Total Assessment | $6,500,000 |
PROPERTY TAXES
Parcel Number
261996200102R0000
Land Assessment
$700,090
Improvements Assessment
$5,799,910
Total Assessment
$6,500,000
zoning
| Zoning Code | Z239 (Commercial Building) |
| Z239 (Commercial Building) |
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3450 Wagon Wheel Rd - Former Assisted Living Center | Garland, TX
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