1845 Us Hwy Seminole, TX 79360
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.
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.