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3450 Wagon Wheel Rd - Former Assisted Living Center | Garland, TX

74,562 SF Health Care Building Offered at £17,213,900 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 £17,213,900
Price Per Bed £103,698
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
Number of Floors 1
Year Built 2008
Parking Ratio 1.34/1,000 SF

Room Mix Information

Description No. Beds
Rooms 166

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
261996200102R0000
Land Assessment
£547,785
Improvements Assessment
£4,538,140
Total Assessment
£5,085,925

zoning

Zoning Code Z239 (Commercial Building)
Z239 (Commercial Building)
  • Listing ID: 32324013

  • Date on Market: 09/02/2024

  • Last Updated:

  • Address: 3450 Wagon Wheel Rd, Garland, TX 75044

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