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Property profile & analytics

208 Allen Hts Dr Allen, TX 75002-3993

  • Commercial real estate
  • 6,075 SF
  • 0.53 lot acres
OFF-MARKET
Value Estimations
$360,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-0574178
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Small Miracles Academy / Day Care Center / After School Program

Property Details for 208 Allen Hts Dr

Year built
1985
Lot size
0.53 lot acres
Property size
6,075 SF
Zone code
PD1
Property type
Commercial real estate
APN
R-1745-001-0010-1
APU
R174500100101

Description

This exceptional 6,075 square foot retail property, situated on a 0.53-acre lot in East Allen, Texas, presents a unique investment opportunity. Previously operating as a licensed childcare center, the building boasts seven classrooms, a full kitchen, a dedicated office space, and a substantial playground area. The property's zoning allows for a variety of commercial uses, making it highly adaptable to suit diverse business needs. Its ample space and existing infrastructure offer significant advantages for a quick and efficient transition to a new operation. The building's previous capacity was 160 children, indicating a high level of functionality and suitability for businesses requiring large, well-defined spaces. The property is conveniently located in a high-traffic area of Allen, ensuring excellent visibility and accessibility for customers. In addition to the purchase option, the property is also available for lease at a monthly base rent of $9,500, with an estimated monthly NNN expense of $2,025. This presents a flexible option for businesses seeking a cost-effective entry into this thriving market. The combination of prime location, substantial square footage, and versatile layout makes this property an attractive proposition for discerning investors and entrepreneurs alike. The existing playground area offers potential for expansion or repurposing, adding further value to this already impressive offering.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $365,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $282,000
    Market price range: $227k - $1000k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Allen
County
Collin
State
Texas
Longitude
-96.639
Latitude
33.1027
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,593
$161,059
$400,200
$561,259
-
$161,059
$400,200
$561,259
More about this property
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