Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    701 Crossroads Leonard, TX 75452

    For Sale
    $775,000

    Established eatery, prime location, high potential.

    Property size:
    4,755 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional turnkey restaurant opportunity in Leonard, Texas, presents a rare chance to acquire a thriving business and its accompanying property. Located at 701 N Crossroads, the property boasts a substantial 4,755 square feet of interior space, perfectly suited for restaurant operations. The spacious layout comfortably accommodates ample seating for patrons, a fully equipped kitchen, and substantial storage areas. A significant advantage is the inclusion of a large walk-in cooler, essential for efficient food storage and preservation, and a 10-foot vent hood, meeting all necessary commercial kitchen requirements. The restaurant is situated on a 0.39-acre lot, providing ample space and visibility. This established business offers immediate income potential and the benefit of an existing customer base in the charming town of Leonard. The asking price for this complete package is $775,000, representing a compelling investment in a proven, successful restaurant operation. This is a unique opportunity for an experienced restaurateur or a savvy investor seeking a profitable venture in a desirable small-town setting. The property's size and features offer significant flexibility and growth potential for the future. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 701 Crossroads

    General Information

    Property type
    Retail properties
    Square Feet
    4,755 SF
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1983
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    -96.23969
    Latitude
    33.38662

    Nearby Similar for Sale

    • New
      $824,900
      2,066 SF

      Leonard Farmhouse with Scenic Acreage

      Custom brick home on almost 16 acres with modern updates.
      742 County Road 5060, Leonard, TX 75452
      View Details
    • $3,000,000
      31.27 Acres

      Turnkey Event Venue on 32 Acres

      Elegant event venue with living space on 32 acres.
      5262 Fm 896, Leonard, TX 75490
      View Details
    • New
      $885,000
      2,400 SF

      Leonard Ranch with Barndominium Home

      Ranch property featuring a barndominium on 12+ acres.
      1050 County Road 5025, Leonard, TX 75452
      View Details
    • New
      $999,900
      32.04 Acres

      32 Acres in Leonard, TX

      32 acres with a 2-bedroom home and large barn.
      County Road 4725, Leonard, TX 75452
      View Details
    • $615,000
      2,684 SF

      Texas Ranch on Rolling Hills

      Ranch-style home on 11.7+ acres with stunning views.
      6859 County Road 1140, Leonard, TX 75452
      View Details
    • $225,000
      0.08 Acres

      Historic Building on Red Brick Square

      Antique building in historic Leonard, previously a floral and gift shop.
      114 W Collin St, Leonard, TX 75452
      View Details

    FAQs

    What type of property is this?
    Retail property - Established eatery, prime location, high potential.
    Where is this retail property located?
    The property is located at 701 Crossroads Leonard, TX.
    What is the asking price?
    The asking price for this property is $775,000.
    Request Owner's contact information
    701 Crossroads Leonard, TX 75452
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 Crossroads
    Leonard, TX 75452
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    701 Crossroads Leonard, TX 75452
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.