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Property profile & analytics
OFF-MARKET
Commercial real estate

359 Hwy Seminole, TX 79360

10 ac lot Built 2000
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Year built 2000
Lot 10 ac (435,600 SF)
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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