Listed by CBRE - Denver Downtown, CBRE - Houston Galleria, CBRE - Denver Tech Center
Unpriced
Texas Behavioral Health Campus
Details
Property Type Retail
Sub Type Commercial
Square Footage 135,102
Tenancy Vacant
Year Built 2018
Year Renovated 2017
Buildings 15
Acreage 422.500
Retail | 135,102 SqFt
Marketing description
CBRE’s National Behavioral Health Group is pleased to provide the exclusive offering of 120 David Wade Drive in Victoria, TX, a sprawling 422-acre behavioral health campus located about 2 hours southwest of Houston, TX. The facility was formerly operated by Devereux Foundation and has a rich history of providing a diverse range of mental health services. Most recently, it served as a shelter for unaccompanied minors, offering them safe refuge. The campus has also provided a combination of child welfare and residential treatment services, alongside educational programs facilitated by an on-site school. Additionally, it supported approximately 60 adults with intellectual and developmental disabilities (IDD) and autism, featuring a vocational program that benefited both this population and around 45-50 adults living in community group homes managed by Devereux in the surrounding area. The campus is well-equipped with recreational facilities, including a gym, pool, and playground, as well as essential amenities like a dining hall, expansive outdoor recreation and training facilities This property is the perfect opportunity for another behavioral health organization to continue providing amazing services in South Texas. Also, the property has potential for other adaptive reuse opportunities such as camps and conference centers. The property will be sold AsIs.
120 David Wade Drive is situated in an agricultural zoning district within Victoria County, TX. The zoning allows as a use by right, a plethora of mental health services which include but are not limited to: Individuals with Intellectual Disabilities, substance use disorder (SUD) treatment, psychiatric residential treatment facilities (PRTF), and mental health residential treatment. This multi-faceted campus can accommodate diverse patient needs, promoting collaboration among different care providers and ensuring seamless transitions between services. Additionally, the serene setting enhances therapeutic practices through nature-based interventions, contributing to improved mental health outcomes and overall quality of life for individuals seeking support.
Listing Contacts
Listed by CBRE - Denver Downtown, CBRE - Houston Galleria, CBRE - Denver Tech Center
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?































