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10 E Mcdermott Dr - Lot B 0.49 Acres of Commercial Land Offered at $453,674 CAD in Allen, TX 75002

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INVESTMENT HIGHLIGHTS

  • Allen, Tx population of 111,963
  • Average household income is $150,270 according to worldpopulationreview.com
  • MeDermott VPD average 27,000+
  • .4889 acres / 21,296sf - source Collin CAD Prop ID: 2544669

EXECUTIVE SUMMARY

Architectural plans & engineering plans will convey with sale. Current plans reflect a 5,626sf office building at a parking ration of 1/300. Plans still need to be finalized with city but this drastically cuts down on timeline to build.
Other size building or use is permitted per City of Allen and McDermott Office Park regulations.
McDermott Office Park dues are minimal at $3,600 per year with building or $2,100 per year without building.

PROPERTY FACTS

Price $453,674 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
Total Lot Size 0.49 AC
Zoning Commercial - Allen Downtown District - formerly Central Business District Professional or Medical Office use. Other uses may be permitted.

1 LOT AVAILABLE

Lot

Price $453,674 CAD
Price Per AC $925,865.33 CAD
Lot Size 0.49 AC

.4889 acres / 21,296sf - source Collin CAD Prop ID: 2544669 Gently sloping cleared lot.

DESCRIPTION

Located within McDermott Business park this lot offers an excellent location in the heart of Allen with a huge demographic and traffic count. Current businesses within the office park primarily comprised of Medical and Professional uses. All buildings are same in appearance consisting of a Stone & Stucco facade. Association dues are very minimal per year with minimal restrictions & guidelines. Site is located approximately .50 miles off HWY 75 and surrounding by retail, restaurants, businesses & huge residential demographic. Lot can accomodate a building size of up to approximately 5,626sf.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-8723-00A-0050-1
Land Assessment
$348,884 CAD
Improvements Assessment
$1,521,289 CAD
Total Assessment
$1,870,173 CAD
  • Listing ID: 32691704

  • Date on Market: 2024-08-05

  • Last Updated:

  • Address: 10 E Mcdermott Dr, Allen, TX 75002

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