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    359 Hwy Seminole, TX 79360

    For Sale
    $1,250,000

    Ten-acre lot, shop, & living quarters

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 10-acre commercial property in Seminole, TX, presents a unique opportunity for an oilfield business or similar operation. Located at 359 E Hwy 180, the property boasts a fully rebuilt and refurbished drilling rig, ready for immediate use. The expansive, fenced ten-acre yard provides ample space for expansion and additional equipment storage. A substantial shop building features two 15-foot bay doors, perfect for large equipment access. The shop also includes a well-appointed office area, a conference room, a reception area, a kitchenette, and two restrooms, providing comfortable and functional workspace. A separate five-bedroom trailer offers convenient living quarters, with each bedroom featuring its own private bathroom. A shared kitchen and conference area within the trailer adds to its functionality. Further enhancing the property's value is a caliche pit located at the rear of the yard, offering significant cost savings on materials. The property's strategic location and comprehensive amenities make it an ideal investment for a business seeking immediate operational capabilities and substantial space for growth. The asking price is $1,250,000. This turnkey operation is ready for its next chapter.

    Property Features for 359 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    435,600 SF

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Seminole
    County
    Gaines
    State
    Texas
    Longitude
    -102.5954
    Latitude
    32.71311

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    FAQs

    What type of property is this?
    Commercial real estate - Ten-acre lot, shop, & living quarters
    Where is this commercial real estate located?
    The property is located at 359 Hwy Seminole, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (432) 617-3053
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    359 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
    359 Hwy Seminole, TX 79360
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