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Property profile & analytics

1511 W Mcdermott Dr Allen, TX 75013

  • Commercial real estate
  • 1,381 SF
  • 1.14 lot acres
For Lease
Last Sale
Apr 04, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US83-0911950
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by 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

Property Details for 1511 W Mcdermott Dr

Year built
2020
Lot size
1.14 lot acres
Property size
1,381 SF
Property type
Commercial real estate
APN
R-9001-002-2100-1
APU
R900100221001

Description

This exceptional 1,381-square-foot office space is situated on a corner lot at the intersection of W McDermott Dr and Twin Creeks Dr/Suncreek Dr in Allen, Texas, a highly desirable location experiencing 25,000 vehicles daily. Part of the upscale Suncreek Office Village, this brand-new, single-tenant office offers a professional environment with available signage for enhanced visibility and client attraction. Its strategic location provides easy access to major thoroughfares including HWY 75, HWY 121, and the President George Bush Turnpike, making it ideal for serving Allen, McKinney, Frisco, Plano, and surrounding areas. This property benefits from Allen's strong demographics, boasting an estimated population of 110,000 and an average household income near $120,000. The property is minutes away from numerous amenities, including Watters Creek, The Villages at Allen & Fairview, Allen Premium Outlets, and the Allen Event Center, ensuring convenience for both clients and employees. This is a rare opportunity to establish a presence in one of Texas's best suburbs. The property is classified as Traditional Office, Medical Office, and Executive Office space, offering versatility for various professional uses. The zip code is 75013.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Allen
County
Collin
State
Texas
Longitude
-96.7073
Latitude
33.1
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,403
$78,749
$316,935
$395,684
-
$78,749
$316,935
$395,684
More about this property
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