2021 Mcdermott DrAllen, TX 75013

For Sale
Call for price

Prime Allen, TX commercial land, high-income area.

Overview

Added:
Dec 11, 2024
Days on market:
92
This ±1.04-acre pad site presents a unique investment opportunity in Allen, Texas, a thriving community just north of Dallas. Ideally situated at the intersection of McDermott Drive and Custer Road, this property benefits from exceptional visibility and high traffic counts exceeding 49,000 vehicles per day. The site boasts strong demographics, with over 142,000 people residing within a three-mile radius and average household incomes surpassing $166,000. This underscores the significant purchasing power and market demand in the immediate vicinity. Across McDermott Drive lies Custer Ridge Estates, a new luxury residential development nearing completion. This development will comprise 105 homes, priced between $900,000 and $1,300,000, further enhancing the desirability and potential of this commercial site. The property's zoning is PD-56, with an underlying shopping center (SC) designation, providing flexibility for a variety of commercial uses. This exceptional location and strong surrounding demographics make this ±1.04-acre pad site an attractive proposition for developers and investors seeking a prime location in a high-growth area. The address is 2021 W McDermott Dr, Allen, TX 75013, within Collin County.

Highlights

  • ±1.04-acre pad site in Allen, TX, a high-growth community north of Dallas.
  • High-traffic location at McDermott Dr. and Custer Rd., exceeding 49,000 vehicles per day (VPD).
  • Strong demographics: over 142,000 residents within a 3-mile radius, average household income over $166,000.
  • Adjacent to Custer Ridge Estates, a new luxury residential development (105 homes, $900,000-$1,300,000 price range).
  • Zoned PD-56 with underlying Shopping Center (SC) designation.

Property Details for 2021 Mcdermott Dr

Property type
Other land, Land
Lot Size (sq. ft)
45,302 SF

Location Insight

City
Allen
County
Collin
State
Texas
Latitude
33.10017406848
Longitude
-96.731005673718
2021 Mcdermott Dr, Allen, Texas

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2021 Mcdermott Dr
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