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
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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 |
Price Per Bed | $132,530 |
Sale Type | Owner User |
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 |
1 of 1
PROPERTY TAXES
Parcel Number | 261996200102R0000 | Improvements Assessment | $5,799,910 |
Land Assessment | $700,090 | Total Assessment | $6,500,000 |
ZONING
Zoning Code | Z239 (Commercial Building) |