Ridgeview Dr Allen, TX 75013

Property Details for 0 Ridgeview Dr

Lot size

0.70 lot acres

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional commercial land offering in Allen, Texas, presents a unique investment opportunity. Encompassing approximately two acres, this property is strategically located at the signalized intersection of Watters Road and Ridgeview Drive, providing excellent visibility and accessibility. The site benefits from a pre-approved conceptual site plan for a ±1.36-acre corner lot and an adjoining ±0.65-acre lot, allowing for flexible development options. These lots can be purchased individually or together. The property is zoned PD-92 Corridor Commercial/Entertainment, permitting a wide range of uses including retail, office, restaurant, hotel, and various professional services such as dental, daycare, and optometry. Existing infrastructure includes completed drainage, a 24-foot fire lane, and ornamental fencing, significantly reducing development costs and timelines. The location is highly desirable, adjacent to the Star Creek mixed-use development, which includes Waterscape Urban Residential and is surrounded by established single-family communities, ensuring a strong customer base and high foot traffic. The asking price for this exceptional property is $3,049,200. This is a rare opportunity to acquire a prime commercial parcel in a thriving Texas market. The property's location, zoning, and existing infrastructure make it an ideal choice for developers seeking a high-return investment.