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    0000 Greenville Ave Allen, TX 75002

    For Sale
    $2,975,000

    High-visibility Allen corner lot, 3.07 acres.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 3.07-acre commercial property is situated at the hard corner of South Greenville Avenue and Chaparral Road in Allen, Texas. Its strategic location offers unparalleled visibility and accessibility, making it ideal for a variety of retail developments. The property is zoned for retail use and represents a unique gateway into the thriving city of Allen. Boasting a high-traffic count, the site benefits from a signalized intersection and six-lane divided roads on two sides, ensuring excellent ingress and egress for customers. Chaparral Road serves as a crucial connector between Allen, Plano, and Parker, Texas, further enhancing the property's reach and potential customer base. South Greenville Avenue is a major north-south thoroughfare, providing convenient access from Highway 75. This prime location presents a tremendous opportunity for developers seeking to establish a successful shopping center, restaurant complex, or other retail ventures in a rapidly growing area. The property's size and location offer significant potential for high returns on investment. This is a rare opportunity to acquire a highly visible and strategically located parcel of land in one of the most desirable areas of Allen, Texas. The property's zoning and accessibility make it an attractive proposition for a wide range of commercial developments.

    Property Features for 0000 Greenville Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    133,729 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.66163
    Latitude
    33.10068

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility Allen corner lot, 3.07 acres.
    Where is this commercial real estate located?
    The property is located at 0000 Greenville Ave Allen, TX.
    What is the asking price?
    The asking price for this property is $2,975,000.
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    0000 Greenville Ave 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 Greenville Ave Allen, TX 75002
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