Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    313 Castle Dr Garland, TX 75040

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,050,000

    Established fast-food restaurant with loyal customer base and recent renovations.

    Lot size:
    0.52 Acres
    Added:
    Jan 7, 2026
    Days on Market:
    91
    Last Refresh:
    Jan 11 at 12:13 pm

    Property Features for 313 Castle Dr

    General Information

    Standard status
    Active
    Lot size
    0.52 Acres

    We can help!

    Listing Contact
    Melissa Bui
    Melissa Bui

    Listing agent Melissa Bui License #0553023

    Listing office Keller Williams Realty DPR

    Listing date Jan 7, 2026

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty DPR

    Overview

    Turn-Key Restaurant with Drive-Through

    Love’s Seafood & Chicken is a well-established fast-food restaurant known for its seafood and chicken dishes. The property includes a fully operational business and building, ready for new ownership. This local restaurant draws a steady stream of customers, especially from the nearby church community, ensuring consistent weekly business. The property features drive-through service for customer convenience. Recent renovations include an updated building exterior and fencing, improving curb appeal and traffic flow, and a fully renovated kitchen designed for efficiency, safety, and high-volume service. This is a turn-key investment opportunity ideal for restaurateurs or investors looking to grow in the fast-food market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Love seafood & chicken Restaurant Love's Seafood & Chicken Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Hour Kitchen LLC — 209 Main St, Garland, TX 75040
    • GO GOURMET Catering — 209 Main St, Garland, TX 75040

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.627
    Latitude
    32.9225

    Nearby Similar for Sale

    • $1,250,000
      4,486 SF

      Turnkey Car Dealership Opportunity

      Equipped car dealership with office, storage, and service facilities.
      2623 S Garland Avenue, Garland, TX 75041
      View Details
    • $1,100,000
      2,970 SF

      Garland Retail with Drive-Thru

      Retail property with drive-thru, equipment, and high-traffic location.
      6318 Broadway Boulevard, Garland, TX 75043
      View Details
    • $1,100,000

      Established Car Wash Investment Opportunity

      Family-owned car wash in Garland, TX, with strong income potential.
      3025 Arapaho Road, Garland, TX 75044
      View Details
    • $2,310,000
      10,500 SF

      Leased Strip Center in Garland

      100% leased strip center with long-term tenants and ample parking.
      545 Rowlett Road, Garland, TX 75043
      View Details
    • $675,000

      Income-Producing Townhome Style Fourplex

      Fully leased fourplex with townhome-style units and recent renovations.
      2722 Wimbledon Court, Garland, TX 75041
      View Details
    • $775,000

      Garland, TX Quadruplex For Sale

      Investment opportunity: Quadruplex in Garland, TX with tenant occupancy.
      2117 W Walnut Street, Garland, TX 75042
      View Details
    • $1,350,000
      2,022 SF

      Garland, TX - Investment Opportunity

      Package of four tenant-occupied single-family homes in Garland, Texas.
      1809 Crockett Street, Garland, TX 75042
      View Details
    • $800,000
      5,130 SF

      Remodeled Office Building in Garland

      Freestanding, remodeled office building with high-end finishes and ample parking.
      Garland, TX 75040
      View Details
    • $1,100,000
      2,970 SF

      Restaurant Building with Drive-Thru

      Restaurant building with drive-thru, equipment included, and high-traffic location.
      6318 Broadway Boulevard, Garland, TX 75043
      View Details
    • $1,149,900

      Garland Commercial Property with Office

      Two parcels with office space in high-traffic Garland location.
      200 E Avenue A, Garland, TX 75040
      View Details
    • $6,200,000

      New Townhome Community Investment Opportunity

      Fully occupied 18-unit townhome community in Garland, Texas.
      3214 Wexford Drive, Garland, TX 75043
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established fast-food restaurant with loyal customer base and recent renovations.
    Where is this restaurant located?
    The property is located at 313 Castle Dr Garland, TX.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Fully operational, turn‑key fast‑food restaurant (Love’s Seafood & Chicken) with building included.; Established business with a loyal customer base and excellent reputation.; Recent renovations including updated exterior/fencing and a fully renovated kitchen.
    (972) 251-0297
    We can help!
    Listing Contact
    Melissa Bui
    Melissa Bui
    Real Estate License ID: 0553023
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!