Flexible Office
For Sale
Contact for pricing
205 W Main Street #B, Allen, TX 75013
Adaptable floorplan with on-site parking in Allen’s Downtown District.
Property Size720 SF
Price / SF$1.67
Days on Market89
Property Features for 205 W Main Street #B
General Information
Standard status
Active
Size
720 SF
Property subtype
Office
Building Details
Year Built
1975
Listing Agency:
Allen Properties Online
(972) 727-0000
Listed By:
Darrin Williams · License #0460425
(972) 754-5860
Source:
Lonestarluxuryrealty
Added: Jul 20
Changed: Oct 7
Last Checked: Oct 15 at 1:14AM
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 Allen Properties Online
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 720-square-foot office unit at 205 W Main Street, Unit B, offers a flexible interior arrangement that can support a more open configuration or conventional office layout. The property was built in 1975 and includes access to an on-site parking lot.
Located in Allen’s Downtown District along W Main Street, the space also carries potential for retail use based on its existing description. Its adaptable floorplan provides a straightforward setting for an office or customer-facing commercial operation.
Located in Allen’s Downtown District along W Main Street, the space also carries potential for retail use based on its existing description. Its adaptable floorplan provides a straightforward setting for an office or customer-facing commercial operation.
Key Highlights
- 720 square feet of office space
- Flexible floorplan suited to open or office‑style configuration
- On‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,773
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,460
$175.5K
Cap Rate 7%
$125,329
$125.3K
Cap Rate 9%
$97,478
$97.5K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$15.6K $21.72/SF
− Vacancy
−$3.9K −$5.47/SF
EGI
$11.7K $16.25/SF
− OpEx
−$2.9K −$4.06/SF
NOI
$8.8K $12.18/SF
Area
Allen, TX
Vacancy
25.20%
Lease Rate
$21.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,460
Cap Rate 7%
$125,329
Cap Rate 9%
$97,478
Alternative Uses
Best Use
Retail
$165.5K
$144.8K – $193.1K
NOI $11,585 @ 7.0% cap · market cap 965.42%
Second Best
Office B
$125.3K
$109.7K – $146.2K
NOI $8,773 @ 7.0% cap · market cap 731.08%
Theoretical Best
Warehouse
$190.8K
$167.0K – $222.7K
NOI $13,359 @ 7.0% cap · market cap 1,113.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,797
Businesses Nearby
Explore this area
Business Placement
Demographics for 75013, TX
48,360
Population
18,341
Households
2.6
Avg Household Size
37
Median Age
65%
College-Educated
97%
High-School Grad
15.0 sq mi
ZIP Area
3,224
Density / Sq Mi
$151,618
Median Household Income
$77,367
Median Earnings
$1,810
Median Rent
$561,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Adaptable floorplan with on-site parking in Allen’s Downtown District.
Where is this office units located?
The property is located at 205 W Main Street #B Allen, TX.
What are key features of this property?
This property features: 720 square feet of office space; Flexible floorplan suited to open or office‑style configuration; On‑site parking lot
