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    705-715 N Crossroads Leonard, TX 75452

    For Sale
    $831,500

    Business - Leonard, TX

    Type:Business
    Property size:
    4,320 SF
    Lot size:
    0.68 Acres
    Days on Market:
    110
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 705-715 N Crossroads

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    000000089910
    Parking features
    Garage, Parking Lot
    Size
    4,320 SF
    Lot size
    0.68 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Electric, Heat Pump

    Building Details

    Year built
    1990
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Sudderth Real Estate, Inc. (972) 658-4776 [email protected]

    Listing agent Buster Sudderth (903) 587-3301 License #0498206

    Listing date Aug 18, 2025

    MLS# 21032473 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Strip Center in Leonard, TX

    This well-maintained 4,300 square foot commercial strip center is located in Leonard, Texas. The property features four separate business units, each with its own entrance, utilities, and signage potential. Situated on a high-visibility corner with steady traffic, this property is positioned in a fast-growing area of Fannin County on a 0.68-acre lot. The property is suitable for retail, office, service providers, or mixed commercial use. Ample parking and solid construction add to the appeal of this property. The sellers own the long time operating laundromat and equipment, which is included in the sale. They also already have new equipment with a plan to enlarge the laundromat into the adjoining space to accommodate a substantially growing number of customers. They also use the adjoining space for their air conditioning business, which a new owner could lease for additional income.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leonard
    County
    Fannin
    State
    Texas
    Longitude
    -96.240178
    Latitude
    33.387079

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    FAQs

    What type of property is this?
    Strip mall - 4,300 SF commercial strip center with four separate business units.
    Where is this strip mall located?
    The property is located at 705-715 N Crossroads Leonard, TX.
    What is the asking price?
    The asking price for this property is $831,500.
    What are key features of this property?
    This property features: - High-visibility corner location with steady traffic in a growing area of Leonard, TX.; - Fully occupied 4,300 SF commercial strip center with strong income potential.; - Includes a long-time operating laundromat and equipment.
    (903) 587-3301
    Request Owner's contact information
    705-715 N Crossroads Leonard, TX 75452
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    Leonard, TX 75452
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705-715 N Crossroads Leonard, TX 75452
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