00 Main St, Allen, TX 75002
This exceptional 2.42-acre (approximately 1.5 net acres) commercial land parcel presents a unique investment opportunity in the thriving city of Allen, Texas. Located within the desirable 75002 zip code, this property boasts a prime location zoned "LC" for Light Commercial use, making it ideal for a variety of businesses. The zoning permits uses such as fast food restaurants, coffee shops, donut shops, office spaces, and restaurants, among other possibilities. Its strategic position offers excellent visibility and accessibility, with numerous surrounding residential areas providing a substantial customer base. A key advantage is the property's picturesque setting, bordered by Mustang Creek and walking trails, creating a potential for attractive outdoor seating areas. While the property currently lacks a formal address, it is anticipated to fall within the 1100 to 1200 E Main Street range. This presents a rare chance to develop a business in a high-demand area with significant growth potential. The asking price for this remarkable property is $995,000. Don't miss this opportunity to secure a prominent location in Allen, TX.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.