Listing Agency: Olivos Group m***@olivosgroup.com Show Phone

Listed By: Matt Shaw · License #494926

Source: Crexi

Added: Apr 24 Changed: Aug 29 Last Checked: Aug 31 at 6:19PM

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Investment Insights

Based on property information with market context.

This 4.31-acre commercial land tract occupies a high-visibility corner at 204 E McDermott Drive. The property is zoned within the Residential Transition Overlay / Central Business District, with potential applications identified for commercial, mixed-use, retail, office, restaurant, and multifamily development.

McDermott Drive carries approximately 37,000+ vehicles per day. The site is 1 mile from Central Expressway / Highway 75 and approximately 30 minutes from Downtown Dallas and DFW Airport, providing access to major regional destinations.

Key Highlights

• 4.31‑acre commercial land tract
• High‑visibility corner location at 204 E McDermott Drive
• Zoned Residential Transition Overlay / Central Business District

Property Analytics

Property Profile

Current Use

Peter Secola Physician Rachael Merritt,LPC Counselor

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,520

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

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Frequently Asked Questions

What type of property is this?

Commercial land - Corner acreage within the Residential Transition Overlay / Central Business District zoning area, with commercial and mixed-use possibilities.

Where is this commercial land located?

The property is located at 204 E McDermott Drive Allen, TX.

What are key features of this property?

This property features: 4.31‑acre commercial land tract; High‑visibility corner location at 204 E McDermott Drive; Zoned Residential Transition Overlay / Central Business District