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Property profile & analytics
OFF-MARKET
Office buildings

408 Allen Dr Allen, TX 75013-2500

3,115 SF 1.78 ac lot Built 1975
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-3382147
Property summary
AI-generated overview

This exceptional ±3,115 square foot medical office space presents a fantastic opportunity for owner-occupancy or investment. Located in the thriving downtown Allen area, this property boasts a convenient location, close to Allen High School, making it easily accessible to a large patient base. The building sits on approximately 1.77 acres, with additional acreage potentially available for future expansion, offering significant growth potential. Currently configured as a move-in-ready medical office, the space is ideal for a variety of healthcare practices or other service-oriented businesses. The single-tenancy setup provides flexibility and control. The property's prime location in Collin County, within a rapidly developing downtown area, ensures strong visibility and accessibility. This is a rare opportunity to acquire a well-situated, versatile commercial property in a high-demand area. The existing building's condition allows for immediate occupancy, minimizing downtime and maximizing return on investment. The ample land provides room for future development, catering to expansion needs or potential additional revenue streams. This property is perfect for a business seeking a prominent location with growth potential in a desirable Collin County community. Serious inquiries are encouraged to explore this unique opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Total area 3,115 SF
Lot 1.78 ac (77,537 SF)
APN R-1511-000-002D-1
UPID US82-3382147
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
  • Collier Richard C Physician
  • A&M AssortedTherapy.LLC Medical Clinic
  • Denito Chiropractic Clinic, PC Alternative Medicine Practice
  • Specialty Care Rx Pharmacy
  • Greer Trenna Alternative Medicine Practice Spa & Massage Center
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
Denito Chiropractic Clinic PC · 4 yrs held
Denito Chiropractic Clinic PC
since 2022
7 recorded transactions
2022
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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