Current Use by Public Records
- Retail properties & Spaces
Property Details for 1845 Us Hwy
- Year built
- 2013
- Lot size
- 25.00 lot acres
- Property type
- Retail properties & Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Seminole
- County
- Gaines
- State
- Texas
- Longitude
- -102.731
- Latitude
- 32.697
