TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate...
Transcript of TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate...
TX-HWY 121 & CHELSEA
BLVDAllen, TX 75013
74.914 ACRES IN TWO PARCELS
360 AERIAL VIDEO HERE
ABOUT
• Strategic tract with over 2,344 feet frontage on Highway 121/Sam Rayburn Tollway
• Hard corner of 7.6 acres can be added at $18.00/SF
• Corridor Commercial zoning, creative mixed-use possible
• New Ridgeview Drive under construction along southern coundary west of Chelsea
• New elementary school to the south + new homes
• +/- 5 acres on western side will be affected by 100 year floodway
• Pricing to be determined by marketplace, com-parables provided here
TX-HWY 121 & CHELSEA BLVD
360 AERIAL VIDEO HERE
DEVELOPING AND FUTURE ALLEN
Monarch City
CyrusOne Data Center
Cisco
Allen Premium Outlets
Stacy Green
The Strand
Allen Sports VillageColling College Tech Campus
Allen ISD STEAM Center
Allen Gateway
Cornerstone Village WatchGuard
NETSCOUTYeager Office Suites
Watters Creek Convention CenterOne Bethany Offices
Watters Creek at Montgomery Farms
Allen Place415 Century Parkway
13 Prestige CircleGreenville Tech Center
830 S Greenville
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YOUR NEXTDEVELOPMENTSITE
Monarch CityThe Howard Hughes Corporation
Mixed-Use Development
CyrusOne Data CenterThree Building Campus
Cisco Data Center Allen Premium OutletsSimon Property Groups
Stacy GreenProvident Realty Advisors and Glaser
Retail PartnersMixed-Use Development
The StrandHines
Mixed-Use Development
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Allen Sports VillageThakker Developers
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Allen GatewayDavid Hicks Company
Mixed-Use Development
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Colin College Tech Campus
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Allen ISD STEAM Center
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Cornerstone VillageRPS Development Co TX Retail
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WatchGuard
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Allen PlaceBinkley & Barfield
Office
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13 Prestige CircleStream Realty
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415 Century ParkwayJSC Realty Industrial
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Greenville Tech CenterJaRyCo
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830 S GreenvilleCapital Commercial
Office
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Yeager Office SuitesYeager PropertiesCo-Working Space
NetscoutKazien Development Partners
Office
One BethanyKazien Development Partners
Office
Watters Creek Convention CenterTCH Altera, LLCCenter & Hotels
Watters Creek at Montgomery Farms
TrademarkShopping Center
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Details of Comps on Following Pages
S CENTRAL EXPRESSWAY COMPS
Owner: Mixon (Allen Gateway)Size: 58 AcresCity: AllenZoning: CC (Corridor Commerical), UC to RPS Dev.Data: Winco Pad, Trammell Crow has 15 AC for 620 Apts, Retail, Multiple Restaurants
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S CENTRAL EXPRESSWAY COMPS
Owner: Allen Ind. School District Size: 17 AcresCity: AllenZoning: CF (Community Facility)Data: K-8 Under Construction, Seller Donated the Site
Owner: CCCC (Collin College Tech Campus, Allen ISD Steam Center)Size: 31 AcresCity: AllenZoning: CF (Community Facility)Data: Paid $7.88/SF in 1st Quarter 2017
Owner: Thakkar Brothers Size: 80 AcresCity: AllenZoning: Mixed Use, CC (Corridor Commercial)Data: Paid $9.00/SF, Closed January 2018
Owner: Shane JordanSize: 22.9 AcresCity: McKinneyZoning: RetailData: Paid $12.00, October 2017 Planned, Mixed-Use Development, Has 3.5 AC at $20.00/SF and 4.5 AC at $22.00/SF
Owner: Independent BankSize: 10.6 AcresCity: McKinneyZoning: CommercialData: Paid $13.00/SF in August 2017; 6 Story, 150K Built, 2nd Phase Planning 250K
Owner: Craig RanchSize: 94 AcresCity: McKinneyZoning: CommercialData: Asking $7.50/SF
Owner: Craig RanchSize: 12.9 AcresCity: McKinneyZoning: PD Office - Retail Data: Asking $10.00/SF
Owner: Anant PatelSize: 17.2 AcresCity: McKinneyZoning: PD Office - Retail Data: Asking $10.00/SF
Owner: Dr. Baber Younas Size: 17 AcresCity: McKinneyZoning: Medical CampusData: NFS, Bought June 2015 and January 2016, Paid $11.64/SF
Owner: Johnson-Payne (THE STRAND)Size: 136 AcresCity: AllenZoning: CC (Corridor Commerical)Data: Under JV to Hines for Office, Retail, Resort & Hotel; 3,400,000 SF Planned
Owner: AudiSize: 5 AcresCity: McKinneyZoning: CommercialData: Paid $11.50/SF in 2014, Built
Owner: GuillermoSize: 9.9 AcresCity: McKinneyZoning: RetailData: $15.00/SF - $25.00/SF
Owner: Bush ElkinsSize: 105 AcresCity: AllenZoning: AO (Ag Open)Data: Under Contract
Owner: City ParkSize: 74 AcresCity: AllenZoning: CF (Community Facility)Data: Constructing City Park
Owner: Cottonwood ChurchSize: 20 + 6 AcresCity: AllenZoning: CC (Corridor Commerical)Data: Asking $12.00/SF, 11.9 AC Sold to Harley Davidson March 2018 at $11.00/SF Fronting SH 121; 6 AC to Megatel w/ Constract Working on the Balance of the Land for Mixed-Use Over $10.00/SF
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Owner: EDC Size: 17 AcresCity: AllenZoning: CC (Corridor Commercial)Data: Paid $8.75/SF December 2016, Sell to Users Only
Owner: Bill WinesSize: 15 AC on the West City: AllenZoning: CC (Corridor Commercial)Data: Asking $15.00/SF, Sell East & West Together, 5.3 AC on the East Under Constract
Owner: Pat PattersonSize: 26 AcresCity: McKinneyZoning: PD/C-1Data: Asking $14.00/SF
Owner: Bill WinesSize: 15 AC on 121 & 5.5 AC on RidgeviewCity: AllenZoning: CC (Corridor Commercial)Data: $12.00/SF for 121 Frontage & $6.50 for Ridgeview Frontage
Owner: Golan PropertiesSize: 3.2 AcresCity: AllenZoning: CC (Corridor Commercial)Data: Asking $22.00/SF
Owner: InvestorsSize: 4 PadsCity: AllenZoning: CC (Corridor Commercial)Data: No Set Price
Owner: Multi-Fmily DeveloperSize: 12.5 AcresCity: McKinneyZoning: MF, 350 Units BuiltData: Paid $8.00/SF, Closed July 21, 2017
Owner: InvestorSize: 1.8 AcresCity: McKinneyZoning: RetailData: $30.00/SF Firm
Owner: The McKinney EDCSize: 44 AcresCity: McKinneyZoning: Retail, Office and MFData: Paid $7.80/SF in March 2018, Looking for Users
Owner: Warren BlackmonSize: 15 AC North, 10 AC South of Grand Homes City: McKinneyZoning: CommericalData: 60 AC Gross/40 AC Net, Sold to Grand Homes and Paid $5.50/SF in March 2016, No Set Price for Remaining 15 AC and 10 AC Tracts
Owner: VanTrustSize: 37 AcresCity: McKinneyZoning: PD Office - RetailData: $8.00/SF
Owner: VanTrustSize: 21.9 AcresCity: McKinneyZoning: PD Office - RetailData: $8.50/SF
Owner: Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate TractsCity: AllenZoning: Single Family PD 130 (R5)Data: 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’ Lots)
Owner: Jenny Preston Elementary SchoolSize: 18.4 AcresCity: AllenZoning: CF (Community Facility)Data: Under Construction
S CENTRAL EXPRESSWAY COMPS (cont’d)
Owner: McLlane Trucking (Subject Property)Size: 74.9 AcresCity: AllenZoning: CC (Corridor Commerical), PD-92Data: For Sale No Set Price
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Owner: Jim DugganSize: 8.5 AcresCity: AllenZoning: CC (Corridor Commercial), PD-92Data: $18.00/SF, Paid $6.20/SF
Owner: Bush FamilySize: 62 AcresCity: McKinneyZoning: PD Light Manufacturing & RetailData: No Set Price, Center of Tract has Contract Working at $6.50/SF
Owner: Pointe PropertiesSize: 11.75 AcresCity: McKinneyZoning: Commercial Dist. Allowing MF, Retirement Center, Retail, Day CareData: $10.00/SF
Owner: Mukesh ParnaSize: 5 AcresCity: McKinneyZoning: RetailData: $14.50/SF
Owner: InvestorSize: 18 Acres/7 NetCity: McKinneyZoning: CC & Agricultural District Data: $8.00 on Net
Owner: Chuck EdwardsSize: 4 & 7 Acres City: McKinneyZoning: Off & RetailData: $13.00/SF
Owner: Prime Income Size: 19.1 AcresCity: McKinneyZoning: Commercial Data: Asking $8.00/SF - $10.00/SF, Have 4 AC UC to Grayson Collin Electric Co-Op at $7.00/SF, Closing 9/18
Owner: Paul and Don StevensonSize: 18.3 AcresCity: McKinneyZoning: Unzoned Data: Asking $12.00/SF with 8 AC Under Contract at $15.50/SF + Rollbacks
Owner: AutoNationSize: 13.5 Acres City: McKinneyZoning: RetailData: Paid $15.00/SF May 2018 for Planned Dealership
Owner: EDCSize: 30 AcresCity: AllenZoning: AO (Ag/Open)Data: Selling to Users Only with No Set Price
Owner: Howard Hughes Size: 238 AcresCity: AllenZoning: AO (Ag/Open)Data: No Set Price; Future Corp Off, Hotels, Res, Mixed Use; 9,000,000 SF Planned
Owner: EDCSize: 24 AcresCity: AllenZoning: CC (Corridor Commercial) PD 128Data: EDC Bought 24 AC; Cyrus One Bought 65 AC, Paid $4.75/ SF on 7/17, Investing $1B in 1,000,000 SF Center; Compass Data Centers Bought 12 AC at $8.00/SF Plus $0.37 Roll backs and Detention on 10/16; Bought 12.6 AC at $8.25/SF Plus $0.40 Rollbacks on 7/17, Investing $400,000,000.00
Owner: PetefishSize: 8.5 AcresCity: AllenZoning: CC (Corridor Commerical)Data: Up to $40.00 for Pads
Owner: Provident Realty/Stacy Point Size: 78 Acres City: AllenZoning: CC (Corridor Commercial)Data: Provident Paid $9.00/SF on 10/17, Sites Available for Ground Lease, All Pads Leased
S CENTRAL EXPRESSWAY COMPS (cont’d)
TX-HWY 121 & CHELSEA BLVDALLEN, TX 75013
CONTACT
FRED DEALD: 972.415.4322M: 214.208.6230
74.914 ACRESIN TWO PARCELS