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    1605 Main St Allen, TX 75002

    For Sale
    Contact for pricing

    0.9-acre lot, ready for development. Excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.9-acre commercial land parcel presents a remarkable opportunity for development in the thriving city of Allen, Texas. Located at 1605 E. Main St, in Collin County, zip code 75002 (33.1006887, -96.6282735), this property is ideally situated for a variety of commercial ventures. The land is priced at $15 per square foot. Significant infrastructure advantages are already in place, including readily available utilities at the site and existing detention facilities. This "ready-to-build" status significantly reduces development time and costs, allowing for a faster return on investment. The property's size and prime location within Allen, a rapidly growing city in Texas, make it an attractive proposition for developers seeking a strategic foothold in a dynamic market. The address is easily accessible from major thoroughfares, ensuring high visibility and convenient access for potential businesses and customers. This is a rare opportunity to acquire a well-positioned commercial lot in a highly desirable area. Don't miss out on this chance to capitalize on the growth potential of Allen, Texas.

    Property Features for 1605 Main St

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • Ready for immediate construction.
    • Existing detention system in place.
    • Utilities available at the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Children's Lighthouse of Allen Day Care Center

    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
    -96.6282735
    Latitude
    33.1006887

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    FAQs

    What type of property is this?
    Land - 0.9-acre lot, ready for development. Excellent location.
    Where is this land located?
    The property is located at 1605 Main St Allen, TX.
    What are key features of this property?
    This property features: Ready for immediate construction.; Existing detention system in place.; Utilities available at the site.
    (972) 419-4034
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    1605 Main St 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
    1605 Main St Allen, TX 75002
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