Current Use by Public Records
- Commercial real estate
Property Details for Mulberry St
- Year built
- 2009
- Lot size
- 0.19 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property presents a unique opportunity for investors and developers. Located on East Mulberry Street in Leonard, Texas, this 0.19-acre lot enjoys a highly desirable position on a busy thoroughfare, offering excellent visibility and accessibility. Mulberry Street runs westward from Highway 69, conveniently situated near the high school football field. The property is directly across from the west end of the football field and adjacent to a former car wash. Currently on the lot is a 320-square-foot building, which is considered to have no significant value and is recommended for demolition. While presently used informally as a domino parlor, the building's condition does not contribute to the overall property value. This presents a blank canvas for a new commercial venture, taking advantage of the high traffic count and prominent location. The lot's size and location make it ideal for a variety of commercial uses, offering significant potential for return on investment. The property is ready for redevelopment, allowing for the creation of a modern and functional commercial space tailored to the needs of the community. This is a rare opportunity to acquire a strategically located commercial lot in a growing area. Act quickly to secure this prime piece of real estate.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leonard
- County
- Fannin
- State
- Texas
- Longitude
- -96.2471
- Latitude
- 33.3877
