Unique opportunity to acquire a former daycare facility situated on ±2.80 acres in the heart of Allen. The property features a rare, fully built-out outdoor environment, including a water play area and expansive playground, making it ideally suited for childcare, educational, or other specialized outdoor-use concepts. Positioned along W McDermott—one of Allen’s primary thoroughfares—the site offers excellent visibility, strong traffic exposure, and convenient access to US Highway 75 (Central Expressway). The surrounding area is supported by dense, high-income residential neighborhoods and strong daytime population drivers. The existing improvements provide a functional layout with significant outdoor amenities already in place, allowing a user to minimize upfront capital expenditures. Alternatively, the 2.80-acre site offers flexibility for redevelopment or adaptive reuse in one of DFW’s most desirable suburban markets, just minutes from Watters Creek at Montgomery Farm and Allen Premium Outlets.