Last 24 Hours
$5,599,813
NAL Estimated Property Value1206 E Main Street 111, Allen, TX, 75002
Off Market
Commercial
— Beds
— Bath
38,956 Sq Ft
Built in 2020Highlights
Interior
Bedrooms —
Bathrooms —FlooringCeramic Tile, Concrete
Exterior
Lot Size3.94 acres
Building Information
Year Built2005
Stories1
Land Information
APNR-3895-00A-0020-1
Lot Number2
SubdivisionGreenwood Valley Commercial (Cal)
Land UseCommercial
Legal DescriptionGREENWOOD VALLEY COMMERCIAL (CAL), BLK A, LOT 2; AMENDED AMENDED
Census Tract031425
Assessed Land Value$1,973,203
Assessed Improvement Value$3,626,610
Assessment Year2025
About this property
A family-owned business seeking a new proprietor to further expand operations and significantly increase revenue. Substantial growth potential and opportunities to multiply income exist. The business is situated on a bustling thoroughfare, offering exceptional visibility and accessibility. Sale includes high-valued equipment.
Investor Tools
$5,599,813
Estimated Property Value
$5,004,830Estimated Mortgage Balance
$594,983Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$33,599 /month
Positive
Cash Flow Estimate:
$11,200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$10,242/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$94,900
$5,599,813
2025
$1,973,203
$3,626,610
$5,599,813
No
Tax History
Year
Tax Paid
Assessed Value
2024
$94,900
$5,599,813
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American First National Bank
Commercial
$2,500,000
No
First
Jun 30, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,004,830
$594,983
10%
89%
$32,376/mo
12.4%