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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1845 Us Hwy Seminole, TX 79360

25 ac lot Built 2013
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2013
Lot 25 ac (1,089,000 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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