Exclusive Commercial Investment Opportunity — Prime 4.16 Acres in Allen, TX (SH-121 Frontage)
Cope Equities presents a rare chance to acquire or partner on approximately 4.16 acres of prime commercial land with frontage on the Sam Rayburn Tollway (SH-121) at Exchange Parkway in Allen, Texas. This high-visibility parcel offers excellent traffic exposure and access, nestled within one of North Texas’s most dynamic and affluent growth corridors.
Property Description
• Frontage and Exposure: Direct frontage on SH-121 with full access from Exchange Parkway, providing optimal visibility and connectivity within a bustling commercial corridor.
• Zoning Flexibility: Entitled for office, retail, entertainment, and mixed-use; adaptable for medical, professional offices, destination retail, or hospitality formats.
• Development-Ready: Utilities are to the site, and off-site infrastructure is fully in place within a mature and well-served commercial district.
• Surrounding Momentum: Positioned adjacent to Trammell Crow’s 60-acre mixed-use project, anchored by a planned H-E-B grocery store and supported by apartments, townhomes, office, retail, and hospitality.
• Flexible Ownership Structure: Sellers are open to either an outright purchase or a structured joint venture, offering tailored entry points for developers or institutional investors.
Strategic Location Advantages
• Prime Accessibility: Minutes from Craig Ranch, Allen Premium Outlets, and the newly expanded HUB 121 entertainment corridor.
• Superior Connectivity: Easy access to Central Expressway (US-75), the Dallas North Tollway, and major regional employment zones.
• Demographic Strength: Allen features a highly educated, high-income population, with median household incomes above $120,000, strong residential growth, and multiple large-scale developments.
Recent Development Highlights
1. Trammell Crow Company is advancing a 60-acre mixed-use hub at SH-121 and Custer Road with 434 apartments, 102 townhomes, offices, retail, hotel, parking, and a planned H-E-B anchor. Construction began in late 2024, with residential components expected to deliver by 2026–2027.
2. H-E-B’s North Texas expansion includes this planned Allen location, part of a broader rollout of 12 stores since 2022 with additional sites through 2026.
3. The mixed-use development will add significant density, with walkable retail, amenities, and a planned multi-tiered park fostering a live-work-play environment.
Contact us today to for purchasing information or to explore opportunities.