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Property profile & analytics
OFF-MARKET Estimated value $640,000
Turn key restaurants

2935 Elm St Dallas, TX 75226-1510

10,000 SF 0.11 ac lot Built 1946
Entity Owned 4-yr Hold Free & Clear
Property ID
US82-4140398
Property summary
AI-generated overview

This exceptional 10,000-square-foot building in the vibrant Deep Ellum neighborhood of Dallas, Texas, presents a unique opportunity for a restaurant operator. Located at 2935 Elm St, Dallas, TX 75226, near N. Walton Street in Dallas County, this single-tenant property offers 5,000 square feet of immediately available space on the ground floor, ideal for a fast food, fast casual, or sit-down restaurant. The space is a second-generation restaurant, meaning it comes equipped with existing infrastructure including tables, chairs, kitchen equipment, a vent hood, and a grease trap, significantly reducing initial setup costs and time. An additional 5,000 square feet is available upstairs, offering potential for expansion or supplementary uses. This property is situated in the heart of Deep Ellum's bustling entertainment district, providing high visibility and access to a dense population of potential customers. The building's existing infrastructure and prime location make it an attractive investment for experienced restaurateurs seeking a turnkey operation or a blank canvas to create their dream establishment. This is a rare opportunity to secure a well-positioned restaurant space in one of Dallas's most dynamic and sought-after neighborhoods.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction TILT-UP CONCRETE
Total area 10,000 SF
Lot 0.11 ac (5,000 SF)
Zoning code Z239
APN 111169000000
UPID US82-4140398
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
Jbm Enterprises LLC · 4 yrs held
Jbm Enterprises LLC
since 2022
2 recorded transactions
2022
Price N/A
2013
Price N/A
Zoning & alternative use
Z239 · Dallas, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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