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    OFF-MARKET
    Land

    1009 Main St, Allen, TX 75002

    2.75 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.75-acre commercial land parcel is ideally situated at 1009 E Main St, Allen, TX 75002, at the northeast corner of Main Street and Fountain Gate. The property boasts a highly desirable "LC" (Light Commercial) zoning designation, offering a wide array of permitted uses. These include, but are not limited to, retail establishments, office/showroom/warehouse spaces, mini-storage facilities, automotive repair and painting services, car washes, convenience stores, equipment rental businesses, medical/dental practices, and nurseries. All utilities are either on-site or readily available for connection. The property benefits from existing sidewalks and a rear alley, enhancing accessibility and functionality. Its prime location between Allen Animal Clinic and Twin Oaks School on busy Main Street ensures exceptional visibility and convenient access for potential businesses. The asking price is $1,975,000, and seller financing is available. The property's APN is 511235. This presents a remarkable opportunity for investors and developers seeking a high-traffic location with diverse development potential in the thriving Allen, Texas market. The Collin County location offers a strong foundation for future growth and success.

    Property profile
    Verified
    Property type Land
    Lot 2.75 ac (119,790 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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