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    2023 W Mcdermott Dr Allen, TX 75013

    For Lease
    $42,636

    Business - Allen, TX

    Type:Business
    Property size:
    24,476 SF
    Lot size:
    0.04 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 12 at 7:06 am

    Property Features for 2023 W Mcdermott Dr

    General Information

    Property type
    Other
    Property subtype
    Business
    Standard status
    Active
    APN
    R378100A00701
    Size
    24,476 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1999
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Concrete, Metal
    Architectural style
    Other

    ReKonnection (972) 333-7559 [email protected]

    Listing agent PK Billa (972) 914-0989 License #0611849

    Listing date Sep 24, 2025

    MLS# 20981124 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

    Retail/Medical Space in Allen, TX

    This property offers approximately 1,938 square feet of space suitable for retail, medical, or professional office use. The layout features an open floor plan with the potential for private offices, a reception area, and treatment or display areas. Located in the Settlers Gate neighborhood of Allen, TX, the property benefits from high visibility, with over 31,000 vehicles passing by daily on McDermott Drive. Ample surface parking is available for both staff and visitors. The property is anchored by national retailers, including Kroger, Walgreens, and Braum’s, with medical and wellness services nearby. It is also in close proximity to Watters Creek, Twin Creeks Village, and Allen Premium Outlets. The location benefits from strong demographics and a growing residential base. This space is ideal for a boutique retail shop, dental or chiropractic clinic, wellness center, or specialty medical practice.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D Vision Eyecare Optometrist Leafy Wellness Co. ... Vitamin & Supplements Store Ambreen's Salon Beauty Salon Kitchen Indian Restaurant Dr. Amina Ebrahim Optometrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.730945
    Latitude
    33.099786

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    FAQs

    What type of property is this?
    Retail space - Versatile space suitable for retail, medical, or professional office use.
    Where is this retail space located?
    The property is located at 2023 W Mcdermott Dr Allen, TX.
    What are key features of this property?
    This property features: - High-traffic location with over 31,000 vehicles per day on McDermott Dr.; - Suitable for retail, medical, or professional office use zoning.; - Anchored by national retailers including Kroger, Walgreens, and Braum’s.
    (972) 914-0989
    Request Owner's contact information
    2023 W Mcdermott Dr Allen, TX 75013
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    Allen, TX 75013
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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
    2023 W Mcdermott Dr Allen, TX 75013
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