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10 E Mcdermott Dr - Lot B

0.49 Acres of Commercial Land Offered at £273,858 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	£273,858	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Industrial Retail Office
No. Lots	1	Total Lot Size	0.49 AC
Property Type	Land

Price	£273,858
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

1 Lot Available

Lot

Price	£273,858	Lot Size	0.49 AC
Price Per AC	£558,893

Price	£273,858
Price Per AC	£558,893
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.

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zoning

Zoning Code	Commercial (Allen Downtown District - formerly Central Business District Professional or Medical Office use. Other uses may be permitted.)
Commercial (Allen Downtown District - formerly Central Business District Professional or Medical Office use. Other uses may be permitted.)