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Property profile & analytics
FOR SALE
Commercial real estate

114 W Collin St Leonard, TX 75452

2,240 SF 0.08 ac lot
Individually Owned Free & Clear
Property ID
US82-6057764
Property summary
AI-generated overview

This exceptional 3,358 square foot retail property, located at 114 W Collin Street in the heart of historic Leonard, Texas, presents a unique investment opportunity. Situated on a 0.08-acre lot on the north side of the town's red brick square, this circa 1910-1912 building boasts undeniable character and charm. The building features a striking setback entrance, accentuated by mirrored columns flanking the entryway and showcasing built-in showroom windows, ideal for attracting customers. Recent improvements include the replacement of the wood flooring and roof repairs at the rear of the structure, ensuring both aesthetic appeal and structural integrity. The interior layout offers a spacious, open floor plan with high ceilings in the front section, creating a bright and welcoming atmosphere. A staircase leads to a substantial upstairs storage area, providing ample space for inventory or additional uses. The property includes a large refrigerator, previously utilized for floral preservation, reflecting its long history as a successful floral and gift shop. Prior to that, the building served as a furniture store, demonstrating its versatility and adaptability to various retail businesses. This property is ready for a new chapter, offering a blend of historical significance and modern functionality in a thriving downtown location. The asking price is $225,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,240 SF
Lot 0.08 ac (3,358 SF)
APN 90096
UPID US82-6057764
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
EDDIE L SUDDERTH
EDDIE L SUDDERTH
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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