800-801-8003
221 Virginia Ave, Marlin, TX for Sale
Health Care - FOR SALE
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221 Virginia Ave
Marlin, TX 76661


HIGHLIGHTS

  • Existing improvements provide redevelopment potential.
  • Located approximately 27 miles from Waco.
  • Former nursing home facility situated on approximately 2.5 acres.
  • Convenient access to regional transportation routes.
  • Offered through an online auction process.

OVERVIEW

Online auction scheduled for Oct. 12-14. Please call 800.801.8003 for details and access. 221 Virginia Avenue presents an opportunity to acquire a former nursing home facility positioned on approximately 2.5 acres in Marlin, Texas. Originally constructed in 1980, the property offers an existing institutional-style building that may support a variety of redevelopment strategies, subject to buyer due diligence, zoning verification, and local approvals. The asset's existing improvements and site configuration provide a foundation for investors, developers, healthcare operators, and commercial users seeking a repositioning opportunity within Central Texas. The property benefits from convenient access to regional transportation corridors serving Falls County and the broader Waco metropolitan area. Located approximately 27 miles from Waco, the site offers connectivity to a larger employment, healthcare, education, and commercial market while maintaining a location within the Marlin community. This regional accessibility may support future occupancy, redevelopment, adaptive reuse, or investment objectives depending on the buyer's intended use. Offered through an auction process with a nominal opening bid of $250,000, the property presents an opportunity for purchasers to evaluate redevelopment potential within an established area. Existing improvements, site acreage, and regional access combine to create a property that may appeal to investors pursuing healthcare-related reuse, multifamily conversion concepts, commercial redevelopment, or other permitted uses.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Assisted Living

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,893 SF

ZONING

-

APN/PARCEL ID

33727

ASK ABOUT THIS PROPERTY

Cindy DeesWilliams & WilliamsMore Info
800-801-8003

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Cindy DeesWilliams & WilliamsMore Info
800-801-8003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.