977 State Hwy, Allen, TX 75013

2.48 Acres of Commercial Land Offered at $2,921,482 USD in Allen, TX 75013

Asking Price $2,921,482

Sale Condition
Ground Lease (Leasehold)
Property Type
Land
Square Feet
108,029 SF

Listing Contacts

L.J. Erickson

Property Overview

The site is in a PD. The zoning allows pretty much any use except fast food with drive thrus and emergency care facilities with drive thrus. Any office, hotel, retail, restaurant, medical use is acceptable. All utilities are in place. Detention pond is in place. Pretty much shovel ready for development.
Aerial video of the site : (https://vimeo.com/231748180)
Aerial still photography and ground level pictures of the site (http://apps2.shoot2sell.net/gallery/mls/963-tx-121-allen-tx/)
Pricing for each pad site.
• Lot 5 – available for sale. 1.695/acres (Asking price $25/sf)
• Lot 6 – available for sale. 2.484/acres (Asking price $27/sf) (we can combine lot 5 and lot 6 or amend the plat to shave off part of lot 6 and combine it with lot 5.)
• Lot 7 –available for sale. 2.793/acres (Sold)
• Lot 8 –Available for sale. 1.8/acres (Asking price $29/sf)
• Lot 9 – Sold. Ebby Halliday bought this site and developed a building on this land.
• Lot 11R – 1.5/acres. Sold
• Site in the back of the development is 7.4 acres total. Sold to a multifamily developer. They just broke ground on a 460 unit Class “A” multifamily development on this site.

Property Details

Property Subtype
Commercial

Highlights

  • Mixed Use Development anchored by Cinemark Movie Theatre and Lifetime Fitness
  • 3 Pad sites remain available for sale
  • 460 Class "A" multifamily units are under construction at this development currently
  • Office, Medical, Restaurant uses are acceptable

All available spaces

Space
Lot 1
Size
108,029 SF
Price
$2,921,482

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