TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate...

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TX-HWY 121 & CHELSEA BLVD Allen, TX 75013 74.914 ACRES IN TWO PARCELS 360 AERIAL VIDEO HERE

Transcript of TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate...

Page 1: TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate Tracts Allen Single Family PD 130 (R5) 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’

TX-HWY 121 & CHELSEA

BLVDAllen, TX 75013

74.914 ACRES IN TWO PARCELS

360 AERIAL VIDEO HERE

Page 2: TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate Tracts Allen Single Family PD 130 (R5) 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’

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

Page 3: TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate Tracts Allen Single Family PD 130 (R5) 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’

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

Page 4: TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate Tracts Allen Single Family PD 130 (R5) 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’

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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

Page 5: TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate Tracts Allen Single Family PD 130 (R5) 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’

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

Page 9: TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate Tracts Allen Single Family PD 130 (R5) 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’

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

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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)

Page 11: TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate Tracts Allen Single Family PD 130 (R5) 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’

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)

Page 12: TX-HWY 121 & CHELSEA BLVD - LoopNet · Zena Land Dev/Main View Homes Size: 68.6 Acres, 3 Seperate Tracts Allen Single Family PD 130 (R5) 262 SF Lots, Paid $4.8/SF in July 2017 (50/60’

TX-HWY 121 & CHELSEA BLVDALLEN, TX 75013

CONTACT

FRED DEALD: 972.415.4322M: 214.208.6230

[email protected]

74.914 ACRESIN TWO PARCELS