Prime Commercial Land
For Sale
Contact for pricing
1229 E Exchange Pkwy, Allen, TX 75002
Commercial land in Allen's growing corridor, suitable for various uses.
Property SizeContact for details
Lot Size0.69 Acres
Days on Market159
Property Features for 1229 E Exchange Pkwy
General Information
Standard status
Active
Lot size
0.69 Acres
Property subtype
Land
Zoning
LR
Listing Agency:
KW Commercial Allen
(214) 455-0744
Listed By:
Josh Walpole · License #0737831
Source:
Crexi
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 12 at 10:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Allen
Investment Insights
Based on property information with market context.
The property at 1229 Exchange Parkway is a commercial land opportunity located in a rapidly developing area of Allen. The site is zoned Local Retail (LR), permitting a wide array of commercial applications as indicated by an 'X' in the LR column of the Permitted Uses Chart. This zoning provides considerable adaptability for developers and investors. Situated along Exchange Parkway, a major east-west thoroughfare in Allen, the location benefits from substantial daily traffic, prominent frontage visibility, and close proximity to significant retail, medical, and residential areas. The parcel spans approximately 0.688 acres and is well-suited for neighborhood retail, medical offices, service businesses, or specialized commercial projects. Allen exhibits robust retail market fundamentals, supported by consistent population growth, high household incomes, and low vacancy rates.
Key Highlights
- Prime commercial land in Allen's rapidly growing corridor.
- Newly zoned Local Retail (LR) allowing for a broad range of commercial uses.
- Excellent frontage visibility and strong daily traffic along Exchange Parkway.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
Business Placement
Demographics for 75002, TX
69,939
Population
24,174
Households
2.9
Avg Household Size
38
Median Age
52%
College-Educated
95%
High-School Grad
37.6 sq mi
ZIP Area
1,860
Density / Sq Mi
$129,306
Median Household Income
$61,171
Median Earnings
$1,967
Median Rent
$403,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land in Allen's growing corridor, suitable for various uses.
Where is this commercial land located?
The property is located at 1229 E Exchange Pkwy Allen, TX.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Prime commercial land in Allen's rapidly growing corridor.; Newly zoned Local Retail (LR) allowing for a broad range of commercial uses.; Excellent frontage visibility and strong daily traffic along Exchange Parkway.
