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    Property profile & analytics

    201 Allen Dr, Unit 207 Allen, TX 75013-2743

    • Office buildings
    • 3,420 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US82-2350002
    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

    • North Texas Orthodontic Associates: Don Copenhaver DDS & Jerome Schechter DDS / Orthodontist
    • Claim Juicer / Consultant

    Property Details for 201 Allen Dr

    Year built
    1972
    Lot size
    0.26 lot acres
    Property size
    3,420 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    R-3024-020-0010-1
    APU
    R302402000101

    Description

    This exceptional single-tenant office building, located at 201 S Allen Dr in Allen, Texas (zip code 75013), presents a unique investment opportunity. The 3,420 square foot building, constructed in 1994, sits on a 0.56-acre lot and is classified as a Class B Traditional Office property. The asking price is $899,000, translating to $262.87 per square foot. The property is zoned for CBD and Allen uses, offering significant potential for various business ventures. Situated in the heart of Downtown Allen's Central Business District, this location benefits from its proximity to substantial ongoing redevelopment projects, including significant retail and multi-family developments within close proximity. This presents a rare opportunity to acquire a property in a rapidly growing and highly desirable area. The building is a single-story structure, offering convenient and efficient use of space. Seller financing may be available, making this an even more attractive proposition for potential buyers. This property is ideal for businesses seeking a prominent location in a thriving Texas city.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $390,000
      7%
      $360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $290,000
      Mixed-Use
      $325,000
      Hospitality
      $305,000
      Educational
      $365,000
      Residential Income
      $345,000
      Energy
      $340,000
      Income-Based Land
      $345,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.672
    Latitude
    33.1021
    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
    2022
    $9,733
    $235,158
    $345,775
    $580,933
    -
    $235,158
    $345,775
    $580,933

    Comparable in this City

    • Value Estimation by Request
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      1125 Raintree Cir, Allen, TX 75013-5288
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    • Value Estimation by Request
      3,824 SF

      698 Watters Rd

      OFFICE BUILDING • 3,824 SF
      698 Watters Rd, Allen, TX 75013-5008
      View Details
    • Value Estimation by Request
      12,498 SF

      301 Watters Rd

      OFFICE BUILDING • 12,498 SF
      301 Watters Rd, Allen, TX 75013-5025
      View Details
    • Value Estimation by Request
      19,244 SF

      760 Watters Rd

      OFFICE BUILDING • 19,244 SF
      760 Watters Rd, Allen, TX 75013-5211
      View Details
    • Value Estimation by Request
      22,160 SF

      800 Watters Rd

      OFFICE BUILDING • 22,160 SF
      800 Watters Rd, Allen, TX 75013-5343
      View Details
    • Value Estimation by Request
      115,200 SF

      805 Central S Expy

      OFFICE BUILDING • 115,200 SF
      805 Central S Expy, Allen, TX 75013-8019
      View Details

    Similar Nearby for Sale

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      Allen TX Prime Office Location

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    Similar Nearby for Lease

    • Contact for pricing
      25,675 SF

      Class A Office Space Available

      Premium office space with modern amenities and convenient location.
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      Five-story Class A office building available for rent.
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      Allen, Texas Office Space

      Office space available for lease in Allen, Texas.
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    • $20 SF/Yr
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      Allen Office Space: Prime Location

      Class A Office, 2,695 SF Available
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      View Details
    • $22 SF/Yr
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      Allen Place I Office Space

      Prime Allen, TX Office Suites Available
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    • $6,500 /Mo
      219,586 SF

      Furnished Office Space in Allen, TX

      Fully-furnished office space with amenities in Allen, Texas.
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    Allen, TX 75013-2743
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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