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    1845 Us Hwy Seminole, TX 79360

    Sponsored
    For Sale
    $1,950,000

    High-traffic retail property with development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property in Seminole, Texas, presents a unique investment opportunity. Situated on a 25-acre lot with nearly half a mile of highway frontage on US Hwy 62-180W, this property boasts high visibility and accessibility. The main structure is a substantial 60' x 100' two-story metal building, currently housing a laundromat complete with showers, a commercial kitchen equipped with quality appliances, and significant potential for expansion. The building also includes walk-in refrigerators and freezers, suggesting a strong foundation for adding retail space. Additional features include a recreation room and two restrooms. Beyond the main building, the property includes an apartment and a mobile home, providing extra living space or potential rental income. A robust water system is in place, supporting the existing operations and future development. Currently, 10 acres are in use, leaving 15 acres available for future expansion or development, making this a versatile property with significant upside. Three wells are also located on the property. The asking price is $1,950,000. This is a rare opportunity to acquire a well-established business with substantial growth potential in a desirable location.

    Property Features for 1845 Us Hwy

    General Information

    Property type
    Retail properties
    Lot Size
    1,089,000 SF

    Building Details

    Year Built
    2013
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Seminole
    County
    Gaines
    State
    Texas
    Longitude
    -102.731
    Latitude
    32.697

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail property with development potential.
    Where is this retail property located?
    The property is located at 1845 Us Hwy Seminole, TX.
    What is the asking price?
    The asking price for this property is $1,950,000.
    (432) 758-3634
    Request Owner's contact information
    1845 Us Hwy Seminole, TX 79360
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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
    1845 Us Hwy Seminole, TX 79360
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