White Settlement, TX 76108,701 S Cherry Lane
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$ 3,500,000
Est. payment | /mo

4.38 Acres Lot


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$ 3,500,000
Est. payment | /mo
Save

4.38 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision John W Collett Surv Abs #262

MLS Listing ID 20802643

Total Fin. Sqft 32037

Year Built 1959

Annual Tax Amount $35,535

Lot Size 4.380 Acres

Acres 4.38

Property Description

This property offers a fantastic opportunity for anyone interested in developing a nursing home, hospital, or any medical facility. Once a hospital for The City of White Settlement, the 38,000 square-foot building is situated on over 4 acres of land. With its unique layout that includes multiple offices, nurses' stations, a full kitchen, plenty of storage, and numerous restrooms, the space is ready to be transformed.

The single-story building offers incredible views of downtown Fort Worth, and there's ample room for parking or expansion. The location, just minutes from downtown Fort Worth and conveniently situated near Interstate 30 and Loop 820, makes it an ideal spot for healthcare or senior care facilities.

With the region's growing population, especially among the aging demographic, this property presents a golden chance for an entrepreneur or business owner in the medical field. The City of White Settlement is experiencing exciting changes, making this location all the more appealing. The previous owner ran a successful business here for 30 years, and now the building is ready for the next owner to take it to the next level and make a significant impact in the community.

With strong city support, this property offers the perfect setting to fulfill your vision of providing exceptional healthcare services to the region. Whether you're looking to start a nursing home, assisted living facility, children's hospital, or any other medical service, this building provides the space, layout, and opportunity you need to succeed.

Location

State TX

County Tarrant

Zoning Commercial

Direction I30 West exit Cherry Lane, head North on Cherry Lane, Building on right.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Concrete

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Flat

Garage No

Building

Lot Description Acreage

Foundation Slab

Structure Type Brick,Concrete

Others

Ownership The City of White Settlement

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Teresa Von Illyes • AmeriPlex Realty, Inc.

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agent
Chad Gray

Agent | License ID: 636825

+1(214) 454-2053 | hello@neumodern.co

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701 S Cherry Lane