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10841 Composite Dr - The Crown Venue 19,077 SF Specialty Building Offered For Sale in Dallas, TX 75220
INVESTMENT HIGHLIGHTS
- Brand New Construction, built in 2024
- Flexible Use: Weddings, Banquets, Conventions, Engagement Parties, Graduation Parties, any private events
- FFE valued at 225K, Turn key and ready to operate
- Prime Location off I-35 with highly visible pole signage, Traffic Counts: 199K+ VPD
- Restaurant equipment included in kitchen, ready to operate
- Fully gated, private parking 175+ spaces
EXECUTIVE SUMMARY
Proformans Real Estate is pleased to offer 10841 Composite Drive for sale. Built in 2024, this newly constructed Event Venue is a one of a kind opportunity with optimal highway pole signage and visibility to Interstate 35 (I-35E). The property encompasses approximately 19,077 Square Feet on 2.027 acres in a bustling area of Dallas, TX. This prime commercial real estate property offers an exceptional investment opportunity to hold and self-operate as well as an outstanding leasable opportunity. The property includes restaurant equipment in the fully-stocked kitchen ready for operations, swing folding patio exterior doors and furniture, fixtures, and equipment ("FFE") to name a few of its highlights. With a strategic location and modern construction, this attractive building presents a great location for an event user that wants amazing pole signage and easy access from everywhere in DFW. This offering provides a future buyer the opportunity to have a multipurpose facility with flexible uses for weddings, banquets, conventions or any private events. The two levels in the interior include the Banquet hall, kitchen, men's changing room, women's changing room, restrooms, office, four community rooms, lobby, and storage. The property has excellent visibility with strong traffic counts of 199,590 vehicles per day off I-35 & Walnut Hill Ln, along with ease of access to I-35E Highway. Appraisal report obtained with a value of $6.13 MM. Schedule a tour and let us help guide you through the purchase process.
(The information provided herein was obtained from sources believed reliable; however, Proformans Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior to sale or lease, or withdrawal without notice. The lot at 10841 Composite Dr, Dallas, TX 75220-1209 was historically used as a landfill, before sellers ownership and preceding any construction. It was a parking lot when the owners purchased the lot. Pier & Beam foundation was utilized accordingly. According to FEMA flood hazard map, 48113C0170K dated July 7, 2014, approximately 35% of the parcel footprint is determined to have base flood elevations within the 100-year floodplain, being within Zone 'AE'. Drainage of the site appears graded and improved. Copyright © 2025 Proformans Real Estate.)
(The information provided herein was obtained from sources believed reliable; however, Proformans Real Estate makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior to sale or lease, or withdrawal without notice. The lot at 10841 Composite Dr, Dallas, TX 75220-1209 was historically used as a landfill, before sellers ownership and preceding any construction. It was a parking lot when the owners purchased the lot. Pier & Beam foundation was utilized accordingly. According to FEMA flood hazard map, 48113C0170K dated July 7, 2014, approximately 35% of the parcel footprint is determined to have base flood elevations within the 100-year floodplain, being within Zone 'AE'. Drainage of the site appears graded and improved. Copyright © 2025 Proformans Real Estate.)
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Sale Type | Investment or Owner User | Building Size | 19,077 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Lodge/Meeting Hall | Year Built | 2024 |
| Building Class | B | Parking Ratio | 9.28/1,000 SF |
| Lot Size | 2.03 AC | ||
| Zoning | Z116 - Commercial | ||
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | B |
| Lot Size | 2.03 AC |
| Building Size | 19,077 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Parking Ratio | 9.28/1,000 SF |
| Zoning | Z116 - Commercial |
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 00000601956300000 | Total Assessment | $5,163,640 |
| Land Assessment | $573,920 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $4,589,720 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
00000601956300000
Land Assessment
$573,920
Improvements Assessment
$4,589,720
Total Assessment
$5,163,640
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET VIEW
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10841 Composite Dr - The Crown Venue
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