Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2525 Central N Expy Allen, TX 75013-6000

    • Commercial real estate
    • 39,362 SF
    • 3.30 lot acres
    OFF-MARKET
    Value Estimations
    $1,345,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2493627
    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

    • TJM Life Insurance / Insurance Agency
    • Ridgeview Crematory / Cremation Service
    • Alberta Funeral / Social Service Agency
    • Turrentine Jackson Morrow Funeral Home / Social Service Agency
    • Ridgeview Memorial Park / Memorial Park / Cemetery

    Property Details for 2525 Central N Expy

    Year built
    2009
    Lot size
    3.30 lot acres
    Property size
    39,362 SF
    Zone code
    PD
    Property type
    Commercial real estate
    APN
    R-2032-00A-001R-1
    APU
    R203200A001R1

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Allen
    County
    Collin
    State
    Texas
    Longitude
    -96.6519
    Latitude
    33.1433
    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
    $85,531
    $1,078,633
    $3,504,817
    $4,583,450
    -
    $1,078,633
    $3,504,817
    $4,583,450

    Comparable in this City

    • Value Estimation by Request
      0.70 Acres

      Ridgeview Dr

      Land • 0.70 Acres
      0 Ridgeview Dr, Allen, TX 75013
      View Details
    • Value Estimation by Request
      0.68 Acres

      949 Watters Rd

      COMMERCIAL (GENERAL) • 0.68 Acres
      949 Watters Rd, Allen, TX 75013-6001
      View Details
    • Value Estimation
      $1,205,000
      8,870 SF

      1851 Central N Expy

      COMMERCIAL (GENERAL) • 8,870 SF
      1851 Central N Expy, Allen, TX 75013-6022
      View Details
    • Value Estimation
      $1,135,000
      8,061 SF

      1790 Central N Expy

      COMMERCIAL (GENERAL) • 8,061 SF
      1790 Central N Expy, Allen, TX 75013-6019
      View Details
    • Value Estimation
      $725,000
      4,798 SF

      225 Custer Rd

      COMMERCIAL (GENERAL) • 4,798 SF
      225 Custer Rd, Allen, TX 75013-2982
      View Details
    • Value Estimation
      $1,855,000
      14,086 SF

      1255 Exchange Pkwy

      COMMERCIAL (GENERAL) • 14,086 SF
      1255 Exchange Pkwy, Allen, TX 75013-7127
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.80 Acres

      Tomball Parkway Warehouse For Lease

      Spacious Warehouse, Excellent Location
      0 Seq Of Sh-121 & Watters Rd, Allen, TX 75013
      View Details
    • $3,049,200
      0.70 Acres

      Allen Commercial Land Opportunity

      Prime Allen, TX land, ±2 acres, development-ready.
      0 Ridgeview Dr, Allen, TX 75013
      View Details
    • $1,500,000
      1,404 SF

      Historic Downtown Allen Building

      Prime Allen location, high potential.
      112 Main St, Allen, TX 75013
      View Details
    • $1,671,650
      1.05 Acres

      Allen, TX Retail Opportunity

      Retail property available for sale in Allen, Texas.
      610 S Watters Rd, Allen, TX 75013
      View Details
    • $434,000
      1,381 SF

      Allen Office Space: Prime Location

      Brand new, 1381 sq ft office, vacant.
      1511 Mcdermott Dr, Allen, TX 75013
      View Details
    • $1,671,650
      3,350 SF

      Allen Medical Office Building

      Prime Allen location, 3,350 SF medical office.
      610 Watters Rd, Allen, TX 75013
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      22,636 SF

      Allen Office Space: Prime Location

      Class A Office, 2,695 SF Available
      800 Watters Rd, Allen, TX 75013
      View Details
    • $22 SF/Yr
      102,357 SF

      Allen Place I Office Space

      Prime Allen, TX Office Suites Available
      450 Century Pkwy, Allen, TX 75013
      View Details
    • $3,000 /Mo

      Furnished Office Space Available

      Fully-furnished office space with shared amenities and utilities included.
      450 Century Pkwy 200, Allen, TX 75013
      View Details
    • $2,500 /Mo
      1,682 SF

      Low-Maintenance Townhome in Allen, TX

      Townhome with open layout, access to community amenities and pool.
      1160 Landon Ln, Allen, TX 75013
      View Details
    • Contact for pricing
      8,802 SF

      Resort-Style Mixed-Use Development Space

      Unique mixed-use development with retail, restaurants, office, and residential.
      937 Market St, Allen, TX 75013
      View Details
    • Contact for pricing
      2,190 SF

      Medical Office Space For Rent

      Medical office space available near Presbyterian-Allen Hospital.
      1101 Raintree Cir, Allen, TX 75013
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2525 Central N Expy
    Allen, TX 75013-6000
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.