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    0000 Mcgarity Ln Allen, TX 75002

    For Sale
    $2,895,000

    Retail - Lucas, TX

    Type:Retail
    Lot size:
    1.10 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 0000 Mcgarity Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Property condition
    New Construction
    Standard status
    Active
    APN
    1217837
    Lot size
    1.10 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    2026
    Building materials
    Steel Siding
    Roof type
    Metal
    Architectural style
    Other

    Owens Realtors (214) 383-6853

    Listing agent Paige Owens (214) 801-9190 License #0540363

    Listing date Sep 9, 2025

    MLS# 21002499 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lucas TX Retail Development Site

    This commercial and retail space is a proposed development site in Lucas, Texas. The site plan includes four proposed buildings. Building A, situated on Lot 2, is planned as a single-story steel building with 16,800 square feet. Building B, located on Lot 4, is designed as a single-story steel building with 10,000 square feet. Building C, on Lot 3, is planned as a single-story steel building with 15,400 square feet. Building D on Lot 1 has been sold. The buildings are build-to-suit. The property is zoned CB in the City of Lucas, which allows for general groups including office and professional space, retail use, automobile, transportation, utility, communication, and related uses, as well as other uses. The lot size is 1.1 acres. Proposed site plans, example layouts and designs, proposed elevation and designs, and digital renderings are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.610544
    Latitude
    33.092654

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    FAQs

    What type of property is this?
    Retail property - Proposed retail and commercial development site in Lucas, Texas.
    Where is this retail property located?
    The property is located at 0000 Mcgarity Ln Allen, TX.
    What is the asking price?
    The asking price for this property is $2,895,000.
    What are key features of this property?
    This property features: - New construction commercial/retail space in Lucas, TX (Year Built: 2026).; - Build-to-suit opportunity with flexible City of Lucas CB Zoning.; - Three single-story steel buildings available: **Building A (16,800 sqft), Building B (10,000 sqft), and Building C (15,400 sqft).**
    (214) 801-9190
    Request Owner's contact information
    0000 Mcgarity Ln Allen, TX 75002
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    Allen, TX 75002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Mcgarity Ln Allen, TX 75002
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