1535 Main StAllen, TX 75002

  • Commercial real estate
  • 664 SF

Property Details for 1535 Main St

Year built
2023
Lot size
2.02 AC
Property size (Sq ft)
664 SF
Property type
Commercial real estate
APN
R-9672-00A-001R-1
APU
R967200A001R1

Description

This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in the thriving city of Allen, Texas. Located at 1535 E Main St, this single-tenant site offers unparalleled potential for retail development. The property boasts a highly desirable location within Collin County, benefiting from the strong economic growth and vibrant community atmosphere of Allen. Its proximity to Allen Premium Outlets ensures high visibility and significant foot traffic, attracting a diverse customer base. The surrounding area is characterized by a bustling Main Street, filled with local businesses and restaurants, creating a dynamic and attractive environment for new ventures. The site's 1.05-acre size provides ample space for a variety of retail developments, allowing for flexibility in design and functionality. This prime location offers easy access to major transportation routes, ensuring convenient access for both customers and employees. The property is zoned for commercial use, simplifying the development process and minimizing potential delays. With its strategic location, substantial size, and thriving community context, this Allen, TX property represents a compelling investment opportunity for discerning developers and entrepreneurs seeking a high-impact retail presence in a rapidly growing market. The property is situated in a vibrant area with nearby parks and recreational facilities, enhancing the overall appeal and desirability of the location. This is an exceptional chance to establish a successful retail business in a prime Allen, Texas location. The property's size and location make it ideal for a variety of retail concepts.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $167,378
    Hospitality
    $153,317
    Educational
    $127,558
    Medical
    $131,945
    Retail
    $198,423

Location Insight

City
Allen
County
Collin
State
Texas
Latitude
33.1008
Longitude
-96.6303
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
-
$747,185
$475,695
$1,222,880
-
$747,185
$475,695
$1,222,880

FAQs

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