208 Allen Hts Dr Allen, TX 75002-3993
- Commercial real estate
- 6,075 SF
- 0.53 lot acres
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
-
AI approach
- Method
- Estimation
- ML approach
- $365,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $282,000
Market price range: $227k - $1000k
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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