Commercial Real Estate Market in Allen, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
112 active listings and 1,153 off-market properties in Allen, TX. Commercial property asks $377/SF to buy and $16.00/SF/Yr to lease (based on 5 listings).
Market Trends
Allen, TX spans 52.6 square miles in Collin County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Allen, TX has a median asking sale price of $426/SF (based on 9 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Allen, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial space in Allen, TX has a median asking sale price of $305/SF (based on 4 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Allen, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 69.6%
- Residential 15.5%
- Agricultural 4.9%
- Commercial 3.1%
- Industrial 1.8%
- Civic 0.1%
Largest Zones share of zoned land by district
F ALLEN, COLLIN COUNTY, TEXAS, AMENDING THE ALLEN LAND DEVELOPMENT CODE AND ZONING MAP, AS PREVIOUSLY AMENDED, BY GRANTING A CHANGE IN ZONING OF LOT 2, BLOCK 1, BETHANY PET HOSPITAL FROM AGRICULTURE-OPEN SPACE DISTRICT “AO” TO SINGLE-FAMILY RESIDENTIAL DISTRICT “R-3”; PROVIDING FOR A CONFLICTS RESOLUTION CLAUSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING A S…
Market overview
Demographics & Economy
Allen, TX has 118,299 residents in 42,515 households. Density runs 2,248 people per square mile. Median household income here is $138,427 and median gross rent $1,903 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Plano | $329 | $24.96 |
| McKinney | $345 | $33.25 |
| Richardson | $222 | $16.00 |
| Wylie | $281 | $18.00 |
Commercial property in Allen, TX asks $377/SF. The 4 bordering markets run from $222/SF in Richardson to $345/SF in McKinney, and the city sits above their $305/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Allen?
How much does it cost to lease commercial space in Allen?
How does Allen compare to nearby markets on price?
Where does Realmo's Allen market data come from?
Methodology & data sources
- Asking prices and medians
- There are 47 active for-sale and 65 active for-lease listings in Allen, TX. The medians are based on 16 of the for-sale and 5 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 16,007 zoned acres across 301 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
