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5350 Cypresswood Dr 1.49 Acres of Commercial Land Offered at $958,734 CAD in Spring, TX 77379
Investment Highlights
- Permit/Plan-Ready Development – Memory care/assisted living project designed with a full construction document set in place, reducing upfront planning
- Designed as a one-story facility with approximately 18,959 SF (±20,133 SF including covered areas), supporting operational efficiency and resident acc
- Purpose-Built Memory Care Facility Design – Plans reflect an I-2 occupancy with Type V-A construction and NFPA 13 sprinklers
Executive Summary
Address: 5350 Cypresswood Dr, Spring, TX 77379
Land Size: ±1.4919 acres (per survey)
Intended Use (per plans): Memory Care / Assisted Living (I-2 occupancy)
Building Concept: One-story facility designed for operational efficiency and accessibility
Area Summary (per plans):
Floor area summary: 18,959 SF
Total incl. covered features: ~20,133 SF (includes porte cochere, patio/porches, loading dock)
Covered/Ancillary Features Included in Design: porte cochere (covered arrival), patio/porch areas, and a loading dock component—useful for resident drop-off, visitors, and service circulation.
Life Safety / Construction Basis (per plans): Type V-A construction and NFPA 13 sprinkler system indicated.
Value Proposition: Buyer can acquire a site with a defined development program and prepared drawing set—potentially saving months of design time and soft costs versus starting from scratch.
Ideal Buyer Profiles: senior housing developers, assisted living/memory care operators, build-to-suit groups, or investors seeking an entitlement/plan-ready project.
Suggested Buyer Due Diligence: confirm current zoning/permit status, utility capacity, access/parking requirements, and any code updates since the plan set basis.
Land Size: ±1.4919 acres (per survey)
Intended Use (per plans): Memory Care / Assisted Living (I-2 occupancy)
Building Concept: One-story facility designed for operational efficiency and accessibility
Area Summary (per plans):
Floor area summary: 18,959 SF
Total incl. covered features: ~20,133 SF (includes porte cochere, patio/porches, loading dock)
Covered/Ancillary Features Included in Design: porte cochere (covered arrival), patio/porch areas, and a loading dock component—useful for resident drop-off, visitors, and service circulation.
Life Safety / Construction Basis (per plans): Type V-A construction and NFPA 13 sprinkler system indicated.
Value Proposition: Buyer can acquire a site with a defined development program and prepared drawing set—potentially saving months of design time and soft costs versus starting from scratch.
Ideal Buyer Profiles: senior housing developers, assisted living/memory care operators, build-to-suit groups, or investors seeking an entitlement/plan-ready project.
Suggested Buyer Due Diligence: confirm current zoning/permit status, utility capacity, access/parking requirements, and any code updates since the plan set basis.
Property Facts
| Price | $958,734 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.49 AC |
| Property Type | Land | ||
| Zoning | None | ||
| Price | $958,734 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.49 AC |
| Zoning | None |
1 Lot Available
Lot
| Price | $958,734 CAD | Lot Size | 1.49 AC |
| Price Per AC | $643,445.62 CAD |
| Price | $958,734 CAD |
| Price Per AC | $643,445.62 CAD |
| Lot Size | 1.49 AC |
±1.49 AC development site at 5350 Cypresswood Dr, Spring, TX. Plans prepared for a 1-story memory care/assisted living facility (I-2), ~18,959 SF (+covered areas). Permit/plan-ready opportunity for operators or developers.
Property Taxes
| Parcel Number | 1347770010002 | Improvements Assessment | $0 CAD |
| Land Assessment | $353,833 CAD | Total Assessment | $353,833 CAD |
Property Taxes
Parcel Number
1347770010002
Land Assessment
$353,833 CAD
Improvements Assessment
$0 CAD
Total Assessment
$353,833 CAD
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5350 Cypresswood Dr
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