3310 Walnut StGarland, TX 75042

For Sale
  • Theaters & concert halls
  • 6,632 SF

Property Details for 3310 Walnut St

Year built
1972
Construction
TILT-UP CONCRETE
Lot size
0.48 AC
Property size (Sq ft)
6,632 SF
Zone code
Z263
Property type
Theaters & concert halls
APN
26635500010060000
APU
26635500010060000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,406,232
    Hospitality
    $1,288,101
    Educational
    $1,071,685
    Medical
    $1,108,542
    Retail
    $1,667,065
3310 Walnut St, Garland, Texas

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.915
Longitude
-96.679
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,898
$62,730
$20,220
$82,950
-
$62,730
$20,220
$82,950

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