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Property profile & analytics
FOR SALE
Theaters & concert halls
3310 W Walnut St Garland, TX 75042
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US82-3178307
For Sale
1 / 38
Contact for pricing
3310 W Walnut St, Garland, TX 75042
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Property summary
AI-generated overview
This exceptional Garland, Texas, commercial property presents a lucrative investment opportunity. The 6,632-square-foot building, constructed in 1975, operates as a thriving bar and restaurant with 100% occupancy. Situated on a 0.51-acre lot at 3310 W Walnut St, Garland, TX 75042, this single-tenancy establishment benefits from a prime location at the southeast corner of Jupiter Road and W Walnut Street. The property boasts 86 shared parking spaces, ensuring ample convenience for patrons. Its strategic position is further enhanced by its proximity to two major grocery stores, Hiep Thai and El Rio Grande, contributing to high foot traffic and visibility. The property is zoned CR - Community Retail, and is a second-generation reception facility. This location enjoys a strong demographic profile, with over 140,000 households within a 5-mile radius, indicating significant potential for continued success and high return on investment. Dallas County location provides easy access to major transportation routes. The property is currently fully occupied.
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1972
Construction
TILT-UP CONCRETE
Total area
6,632 SF
Lot
0.48 ac (20,909 SF)
Zoning code
Z263
APN
26635500010060000
UPID
US82-3178307
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
Current use
Occupant on record · Public records
-
Prime Inspection Building Inspector
-
Belleza Event/Walnut Theater Wedding Service
-
Walnut Theaters Cinema Theater & Performing Art Venue
-
Prime Air & heat LLC Big Box & Wholesale Store Building Supply
-
Habesha Club | Club Mechot Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Garland Cinema INC · 29 yrs held
Garland Cinema INC
since 1997
2 recorded transactions
Zoning & alternative use
Z263 · Garland, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Garland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,898
Tax year 2023
Assessed value
$82,950
Assessed 2023
Previous assessed
$82,950
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$62,730
Assessed improvement
$20,220
Land market value
$62,730
Improvement market value
$20,220
Total market value
$82,950
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
For Sale
Year built
1972
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
2
Total area
6,632 SF
Lot
0.48 ac (20,909 SF)
Zoning code
Z263
APN
26635500010060000
UPID
US82-3178307
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z263 · Garland, TX
Zoning Z263 · permitted uses
Z263 · Garland, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Garland Cinema INC
Entity
Mailing address
3310 W WALNUT ST, GARLAND, TX 75042-7113
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 1997
—
Garland Cinema INC
Minsky,don
Grant Deed
$225,000 · Heller First Capital
—
—
Garland Cinema INC
—
Deed Of Trust
related
$72,044 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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