359 Hwy Seminole, TX 79360
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.