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Property profile & analytics
OFF-MARKET
Office Spaces

1150 Watters Rd Allen, TX 75013

Property ID
Property summary
AI-generated overview

This exceptional 3,108 square foot medical office condominium is situated in Allen's thriving medical district, offering convenient access to Texas Health Resources (THR) Hospital. Built in 2009, the property boasts a desirable location at the southeast corner of Watters Road and Exchange Parkway, ensuring high visibility and accessibility. The building features a striking brick and masonry exterior with a tile roof, complemented by ample surface parking for patients and staff. Benefit from prominent monument and building signage opportunities to enhance your brand presence. The space is currently configured as a multi-tenant building, with one suite available. The existing tenant mix includes a diverse range of medical professionals, such as an eye doctor, pediatrician, dentist, and medical spa, creating a synergistic and established medical environment. This particular unit offers approximately 3,108 square feet, and there is no additional charge for the second floor space. This presents a unique opportunity to acquire a well-located, modern medical office condominium in a high-demand area with excellent visibility and a strong existing tenant base. The property's construction and design reflect a commitment to quality and functionality, making it an ideal setting for a variety of medical practices.

Property profile
Verified
Property type Office Spaces
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
  • Sunrise Dental Dental Office
  • Linda Jacob, DDS Dental Office
  • Child & Adolescent Center Pa Pediatrician Medical Clinic
  • Dr. Paul Saadi, MD-Orthopedic Surgeon, Hip and Knee Replacement Specialist Physician
  • Dr. Tony Tao, O.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
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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