Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Theaters & concert halls
8505 Walton Blvd Irving, TX 75063-8037
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-4068475
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1999
Construction
TILT-UP CONCRETE
Total area
77,581 SF
Lot
11.88 ac (517,667 SF)
Zoning code
Z393
APN
322777700A01R0000
UPID
US82-4068475
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
-
Fun Pizza Kitchen, Irving Restaurant
-
ATM Atm
-
Fun Movie Grill Drive-In Theater Cinema Theater & Performing Art Venue
-
Fun Movie Grill Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.15M
Owner & transaction history
Pasmaa Theater LLC · 8 yrs held
Pasmaa Theater LLC
since 2018
7 recorded transactions
Zoning & alternative use
Z393 · Irving, 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 Irving submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irving 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
Method
Estimation
Statistic approach
by Request
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$15 / SF
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
$122,824
Tax year 2023
Assessed value
$5,799,190
Assessed 2023
Previous assessed
$5,799,190
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$3,623,700
Assessed improvement
$2,175,490
Land market value
$3,623,700
Improvement market value
$2,175,490
Total market value
$5,799,190
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
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
16
Total area
77,581 SF
Lot
11.88 ac (517,667 SF)
Zoning code
Z393
APN
322777700A01R0000
UPID
US82-4068475
Jurisdiction
DALLAS
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
Z393 · Irving, TX
Zoning Z393 · permitted uses
Z393 · Irving, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Irving. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
16
Lot
11.88 ac
Current owner
From public records · entity-resolved
Pasmaa Theater LLC
Entity
Mailing address
6850 TPC DR STE #108, MC KINNEY, TX 75070-3165
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2025
—
Nirguna Investments LLC
—
Deed
related
$6,000,000 · 1845 Little LLC
Jun 1, 2018
—
Pasmaa Theater LLC
T Macarthur Mkt A Tx LLC
Grant Deed
$6,825,000 · Bancorpsouth
Dec 27, 2017
—
T Macarthur Mkt A Tx LLC
Bre Ddr Macarthur Marketplace
Grant Deed
related
—
Jun 26, 2012
—
Bre Ddr Macarthur Marketplace
Ddr Mdt Macarthur Marketplace
Quit Claim Deed
related
$250,000,000 · Citibank
Sep 23, 2009
—
Hollywood Theaters INC
—
Deed Of Trust
related
$1,000,000,000 · Us Bank NA
Jan 14, 2005
—
Ddr Mdt Macarthur Marketplace
Jdn Realty Holdings
Grant Deed
$85,000,000 · Ubs Real Estate Investment INC
Apr 4, 2001
—
Jdn Realty Holdings LP
—
Deed Of Trust
related
$150,000,000 · Fleet National Bank
—
—
Hollywood Theaters INC
—
Deed Of Trust
related
$10,000,000 · General Electric Capital Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8505 Walton Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
