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Property profile & analytics
FOR LEASE
Office buildings

515 W Main St Allen, TX 75013

15,000 SF 1.31 ac lot Built 1984
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US82-4821524
Property summary
AI-generated overview

Allen Plaza, located at 515 W Main St, Allen, TX 75013, offers exceptional medical office space in Collin County. Two suites are currently available, ranging from 1,359 to 1,740 square feet. The property boasts extensive recent upgrades and improvements, including new carpet and paint, allowing for tenant selection. This is an ideal location for a variety of medical practices, including but not limited to: pediatrics, ophthalmology, podiatry, dentistry, orthodontics, and dialysis clinics. The building features prominent monument signage, ensuring high visibility and accessibility for patients. The multiple tenancy structure provides a collaborative and professional environment. The suites are fully finished and ready for immediate occupancy. This prime location in Allen, Texas offers convenient access to major transportation routes and a thriving community. The property is perfectly suited for small office users or medical practices seeking a modern, well-maintained space in a desirable location. Contact us today to schedule a viewing and secure your ideal medical office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 15,000 SF
Lot 1.31 ac (56,889 SF)
Zoning code SC
APN R-1513-000-0010-1
UPID US82-4821524
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
  • Easy Air Duct Allen HVAC Service
  • Bobbie Hutchison Alternative Medicine Practice
  • Rain Restorative Therapies Spa & Massage Center
  • Tam Le Physician
  • Stevan Cuellar Physician
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
Double Tree Properties LP · 15 yrs held
Double Tree Properties LP
since 2011
7 recorded transactions
2020
Price N/A
2017
Price N/A
2011
Price N/A
2010
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SC · Allen, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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