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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

701 Crossroads Leonard, TX 75452

4,755 SF 0.39 ac lot Built 1983
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1983
Total area 4,755 SF
Lot 0.39 ac (16,988 SF)
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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