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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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