Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    601 N Main St Seminole, TX 79360

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Restaurant building for sale in Seminole's commercial corridor.

    Property size:
    2,901 SF
    Lot size:
    32,476.00 Acres

    Property Features for 601 N Main St

    General Information

    Standard status
    Active
    Size
    2,901 SF
    Lot size
    32,476.00 Acres

    Building Details

    Year built
    2015

    We can help!

    Listing Contact
    Eric Eberhardt
    Source: Crexi

    Listing Agency: Coldwell Banker Commercial Capital Advisors Listing Agent: Eric Eberhardt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Seminole, TX Restaurant Building

    The Bush's Chicken Building is available for purchase in Seminole, Texas. Situated along Seminole’s primary commercial corridor, the property benefits from its location on the main retail and dining artery for the city and the surrounding Gaines County trade area. The corridor captures consistent daily traffic from local residents, agricultural operators, and energy-related workers, establishing it as a location with demand for quick service restaurants. The site benefits from strong co-tenancy, excellent visibility, and convenient access due to its proximity to established national and regional retailers. Seminole serves as the county seat and commercial hub of Gaines County, attracting regular in-market and drive-through traffic for dining, services, and retail. With direct access to U.S. Highway 385 and State Highway 214, the property benefits from efficient north-south connectivity between the Permian Basin and the South Plains, supporting steady traffic flow and repeat customer visits. The property contains 2,901 square feet. The location’s limited new retail supply and central positioning within the market enhance long-term stability for QSR use.
    Location Intelligence

    Current Use by Public Records

    Bush's Chicken Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seminole
    County
    Gaines
    State
    Texas
    Longitude
    -102.645398
    Latitude
    32.726063

    Nearby Similar for Sale

    • $600,000
      5.00 Acres

      Commercial Building on Highway Frontage

      Commercial building with office spaces and excellent visibility.
      751 Us Highway 180 E, Seminole, TX 79360
      View Details
    • $549,000
      1,647 SF

      Retail Building with Living Space

      2500 SF retail building with living space for sale.
      108 S Main St, Seminole, TX 79360
      View Details
    • $210,000
      3,550 SF

      Seminole Shop with Living Quarters

      Shop with office/living space, paint booth, and storage loft.
      612 Avenue F SE, Seminole, TX 79360
      View Details
    • $650,000
      7,500 SF

      Commercial Shop on Main Street

      Commercial shop with office space in prime location off Hwy.
      268 Hwy 385S, Seminole, TX 79360
      View Details
    • $799,000
      2.71 Acres

      Seminole Commercial Building For Sale

      Versatile property with office and warehouse space on Hobbs Hwy.
      538 Hwy 62-180 W, Seminole, TX 79360
      View Details
    • $1,000,000

      Seminole, TX Bush's Chicken Building

      Bush's Chicken building for sale in Seminole, Texas.
      601 N Main St, Seminole, TX 79360
      View Details
    • $3,000,000
      26,250 SF

      Commercial Land with Large Shop

      7.71 acres with a 26,250 SF shop off HWY 385.
      266 Hwy 385S, Seminole, TX 79360
      View Details
    • $2,400,000
      8,700 SF

      Mixed-Use Property in Seminole, TX

      Commercial building with offices and ten rentable homes on 5.72 acres.
      1093 Us 62-180, Seminole, TX 79360
      View Details
    • $1,000,000
      10.00 Acres

      Commercial Property with Highway Frontage

      10-acre commercial property featuring shops, stables, and highway access.
      1191 Hwy 62-180 W, Seminole, TX 79360
      View Details
    • $2,800,000
      20.01 Acres

      Gaines County Land with Commercial Kitchen

      20-acre property with commercial kitchen and showroom near Seminole.
      768 W Us Hwy, Seminole, TX 79360
      View Details
    • $554,000

      Seminole Retail Corner Location

      High-visibility retail property in Seminole, TX, remodeled in 2022.
      617 S Main St, Seminole, TX 79360
      View Details
    • $999,900
      5,446 SF

      Turnkey Restaurant Opportunity in Seminole

      Well-maintained restaurant space on Main Street in Seminole, Texas.
      607 S Main St, Seminole, TX 79360
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant building for sale in Seminole's commercial corridor.
    Where is this drive through restaurant located?
    The property is located at 601 N Main St Seminole, TX.
    What are key features of this property?
    This property features: - Located on Seminole's primary commercial corridor with high traffic.; - Benefits from strong co-tenancy with established national and regional retailers.; - Excellent visibility and convenient access.
    Request Owner's contact information
    601 N Main St Seminole, TX 79360
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    601 N Main St
    Seminole, TX 79360
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    601 N Main St Seminole, TX 79360
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Eric Eberhardt
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!