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Property profile & analytics
OFF-MARKET
Office Spaces

1511 Mcdermott Dr Unit Allen, TX 75013

1,381 SF 1.14 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 1,381 square foot office space is ideally situated in Allen, Texas's thriving Suncreek Office Village, at the corner of W McDermott Drive and Twin Creeks Drive/Suncreek Drive, a high-traffic area boasting 25,000 vehicles daily. The property is part of an upscale professional office environment, offering excellent signage opportunities for enhanced visibility and brand building. Its strategic location provides easy access to major thoroughfares like Highways 75 and 121, making it easily accessible to clients and employees throughout Allen, McKinney, Frisco, Plano, and the surrounding North Dallas market. This area is experiencing significant professional and residential growth, making this office space a prime investment opportunity. Allen itself is a highly desirable suburb with an estimated population of 110,000 and an average household income nearing $120,000. The property benefits from its proximity to a wealth of amenities, including Watters Creek, The Villages at Allen and Fairview, Allen Premium Outlets, and the Allen Event Center, offering a convenient location for both business and leisure. The surrounding area is also rich with diverse businesses, restaurants, and attractions, ensuring a vibrant and accessible environment for your business. This 1.14-acre lot provides ample space and opportunity for growth. This is a rare opportunity to establish a prominent presence in one of North Texas's most sought-after business locations.

Property profile
Verified
Property type Office Spaces
Year built 2023
Total area 1,381 SF
Lot 1.14 ac (49,658 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Allen Friends & Family Clinic Medical Clinic
  • Texas Implant & Periodontic Center Dental Office
  • Allen City Dental Dental Office
  • Bridgett Anderson-Wright Physician
  • Nu SPA Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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