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300 W Salmon St

12,958 SF Health Care Building Offered For Sale in Stockdale, TX 78160

Investment Highlights

  • Located in close proximity to local schools
  • Exterior brick intact, minor repairs needed on other exterior features
  • One acre parcel that spans the entire block

Executive Summary

Marcus and Millichap has been exclusively retained for the sale of 300 Salmon
Street, a vacant commercial property in Stockdale, TX. Formerly the only skilled
nursing facility serving the community for over 60 years, this property sits on .97
acres and takes up the whole corner block between School Street. and S 8th Street.
The owners consolidated a small plot of adjacent land, providing additional
parking. While requiring renovations to reach its highest and best use, this
property can accommodate a multi-tenant buildout, and would be suitable for
various uses such as single or multi-tenant offices, community centers, daycares,
healthcare facilities, multifamily conversion, non-profit, governmental or
construction-related trades. The outdoor space is ideal for active gatherings and
community engagement.
This abandoned and gutted 13,000 square foot skilled nursing facility presents a
unique opportunity for a buyer looking to capitalize on its potential. Although the
building is currently just wooden frames and wires with no sheetrock, the blank
slate allows for endless possibilities in terms of design and layout. The building is
in need of significant renovations including new plumbing, HVAC, and electrical
work, but the potential future use of this space is vast. With its large square footage
and single-story layout, this facility could be transformed into a daycare center,
assisted living facility, medical office, or even a community center. The
possibilities are endless for a buyer with the vision and resources to bring this
property to its full potential.

Property Facts

Sale Type Investment
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Rehabilitation Centre
  • Healthcare Skilled Nursing Facility
Lot Size 0.97 AC
Building Size 12,958 SF
No. Beds 68
Number of Floors 1
Year Built 1963
Parking Ratio 1.7/1,000 SF

Room Mix Information

Description No. Beds
- 64

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28918
Land Assessment
£50,687
Improvements Assessment
£176,368
Total Assessment
£227,055
  • Listing ID: 27820692

  • Date on Market: 23/02/2023

  • Last Updated:

  • Address: 300 W Salmon St, Stockdale, TX 78160

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