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    101-103 Gibbs Sprawl Rd Converse, TX 78109

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    For Sale
    $2,000,000

    Two buildings with offices, warehouses, and garages on 0.5691 acres.

    Lot size:
    0.57 Acres

    Property Features for 101-103 Gibbs Sprawl Rd

    General Information

    Lot size
    0.57 Acres

    Source: Uriah Real Estate Organization - San Antonio Agent Kevin Chu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Converse, TX

    The property comprises two adjacent lots with separate buildings located at 101 and 103 Gibbs Sprawl Rd in Converse, TX 78109. The total area of the property is 25,481.36 square feet, situated on 0.5691 acres. The larger building, constructed in 1900, has a size of 9,772 square feet, while the smaller building, built in 1968, measures 3,490 square feet. Zoned B-2, the property has water and sewer utilities available on site. The location benefits from traffic counts of 10,418 MPSI and features a total frontage of 380 feet. Positioned near the center of Converse, it occupies a hard corner in front of Seguin Road and Gibbs Sprawl Road. It is approximately 1.5 miles from Loop 1604 access and 2.8 miles from Randolph AFB. The property is a combination of offices, warehouses, and garages, with the smaller building previously used as a crossfit gym. Currently, there are tenants in two of the offices. Both lots must be purchased together, and there is an option to purchase a 0.15-acre vacant lot on the other side of Seguin Rd.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Converse
    County
    Bexar
    State
    Texas
    Longitude
    -98.314177
    Latitude
    29.5179115

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    FAQs

    What type of property is this?
    Mixed-use property - Two buildings with offices, warehouses, and garages on 0.5691 acres.
    Where is this mixed-use property located?
    The property is located at 101-103 Gibbs Sprawl Rd Converse, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime location on a hard corner in Converse with high traffic (10,418 MPSI) and significant frontage (380 ft).; - Zoned B-2, offering versatile commercial use possibilities.; - Two adjacent lots totaling 0.5691 acres with two buildings (9,772 sqft and 3,490 sqft) providing a combined 13,262 sqft of space.
    (210) 966-9102
    Request Owner's contact information
    101-103 Gibbs Sprawl Rd Converse, TX 78109
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    Converse, TX 78109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101-103 Gibbs Sprawl Rd Converse, TX 78109
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