This almost 1.5 acre piece of land is located in a prime & fast growing area of Allen, Texas and is waiting for the developer or investor who wants to complete a project- build a primary residentce on a huge lot or someone who has other build projects in mind. You'll have a fantastic opportunity to own and build up to 3 single family homes from 2000-6000sf in a NO HOA private community.The preliminary plat that was approved by the city of Allen is expired. However, anything outside of residential can only be decided on a good use for the land on a case by case basis, where the applicant would submit a proposed plan for the land and city planning would evaluate it then. Please speak with city of Allen to confirm all information. Verification of schools, measurements, etc is highly encouraged.
Located in the heart of Allen's downtown Central Business District (CBD), this prime lot offers a unique opportunity for developers and investors. It is approved for high-density residential developments, including apartments and condominiums, as well as office buildings, retail stores, restaurants, and entertainment venues, attracting a diverse clientele. The lot is strategically situated at the corner with access from both Cedar and St. Mary Street, within walking distance from Allen High School and the Lower Freshman Center. With easy access to major highways and public transportation, this location ensures high visibility and foot traffic.
Excellent location for commercial building, offices or retail. Client has had site plans approved by city for a 2000+ sq ft building that will be shared with interested client considering this property. Located in the heart of downtown Allen.
Incredible development opportunity on this 4.9 acre parcel located about 500 yards north of the new HEB on Exchange and Greenville. Currently zoned as residential and open space. Ideally this could be a residential or mixed use type of development. Office condos would also be a good fit. Property has about 376 feet of frontage on Greenville and about 680 feet along Buckingham Ln so the access is excellent for development. Any development would likely require rezoning.
2.75 Acres between to Allen Animal Clinic and Twin Oaks Private School. Ideal location for a retail, office, warehouse, possibly townhouse, Doggy Daycare or other uses. Zoned LC - Light Commercial which is pretty broad zoning.
The median home value in Allen, TX is $496,700. This is higher than the county median home value of $488,500. The national median home value is $338,100. The average price of homes sold in Allen, TX is $496,700. Approximately 68.49% of Allen homes are owned, compared to 26.19% rented, while 5.32% are vacant. Allen real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Allen real estate agent to arrange a tour today!
Allen, Texas has a population of 102,778. Allen is more family-centric than the surrounding county with 48.71% of the households containing married families with children. The county average for households married with children is 44.37%.
The median household income in Allen, Texas is $118,254. The median household income for the surrounding county is $104,327 compared to the national median of $69,021. The median age of people living in Allen is 37.7 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 32.1 degrees. The average rainfall is approximately 41.2 inches per year, with 1.5 inches of snow per year.