Allen, TX
Commercial Real Estate Market Trends & Data

Allen's Demographic Profile

Allen has 41,894 households and a median income of $119,149, providing context for rent absorption and tenant demand across retail and multifamily assets. A +20% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 121,621
# Households 41,894
Median age 40
Median household income $119,149
Avg household size 3.0
Renter-occupied housing units 13,704
5-year population change +20%

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↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Lucas $238 11,675 SF 7.78%
St Paul $263 7,050 SF 7.78%
Nearby Retail Markets Avg Cost/SF Typical Size
Allen $430 20,621 SF
Fairview $311 10,926 SF
Plano $620 12,158 SF
Wylie $733 3,378 SF
McKinney $538 4,989 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Plano $160 12,320 SF 8.20%
Wylie $150 32,765 SF 6.65%
Richardson $160 12,320 SF 8.20%

Commercial Properties For Sale in Allen

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1710 N Greenville Ave

Allen, TX 75002

  • 8,576 SF Office Building
  • Price Upon Request
For Sale

Former Learning Experience

Allen, TX 75002

  • 10,000 SF Retail Building
  • $2,700,000
For Sale

Chicken Express - Allen, TX

Allen, TX 75002

  • 4,478 SF Retail Building
  • 6.00% Cap Rate
  • $2,800,000
For Sale

Benchmark Mortgage- Acadian Office Park

Allen, TX 75013

  • 7,380 SF Office Building
  • $535,000
For Sale

Bldg 7

Allen, TX 75013

  • 6,010 SF Office Building
  • $829,350
For Sale

Suite 704

McKinney, TX 75070

  • 4,600 SF Office Building
  • 6.00% Cap Rate
  • $470,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Allen pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Allen $368 10,476 SF
Parker $357 5,557 SF
Lucas $238 5,607 SF
Fairview $371 6,184 SF
Murphy $473 4,417 SF

Regional Demographic Comparison

This comparison places Allen alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Allen or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Allen 121,621 41,894 40 $119,149 3 13,704 20%
Parker 6,721 1,991 42 $178,205 3 124 20%
Lucas 9,075 2,716 43 $154,217 3 130 20%
Fairview 12,361 5,105 49 $95,596 2 1,553 20%
Murphy 21,915 6,225 41 $144,178 4 392 18%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Allen, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Allen

View All Commercial Real Estate For Sale in Allen
Is Allen a good market for a first-time commercial real estate investor?

Allen offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Allen?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Allen. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Allen?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Allen. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Allen compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Allen. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Allen acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Allen, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.