Converse Industrial Space with
For Sale
Contact for pricing
8514 Brucks Dr, Converse, TX 78109
10,600 SF industrial space on 0.90 acres for sale.
Property Size10,600 SF
Lot Size0.90 Acres
Price / SF$99.06
Days on Market187
Property Features for 8514 Brucks Dr
General Information
Standard status
Active
Size
10,600 SF
Class
C
Lot size
0.90 Acres
Property subtype
Industrial
Zoning
I-1 Light Industrial
Lease Type
NNN
Building Details
Year Built
1984
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5200
Listed By:
Eugenio Valladares · License #830404
Source:
Crexi
Added: Feb 6
Changed: Aug 8
Last Checked: Jul 22 at 6:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The property at 8514 Brucks Drive in Converse, Texas, offers approximately 10,600 square feet of industrial space on a 0.90-acre lot. Constructed with masonry, the single-tenant building features a 15-foot clear height and nine drive-in doors. It is equipped with single-phase power at 200 amps and 240 volts. The property includes ample industrial outdoor storage space (IOS), with a portion covered by a detached canopy for shaded parking. The building coverage ratio is 27 percent. Situated just off Old Seguin Road, the location is 2.3 miles from North Loop 1604 East, a major corridor encircling metro San Antonio. Offered for sale as vacant, this property presents a lease-up investment opportunity or suits various owner uses, including automotive and equipment repairs.
Key Highlights
- Vacant property ideal for lease‑up investment or owner‑user, especially for automotive/equipment repairs.
- Ample industrial outdoor storage (IOS) space featuring a detached canopy for shaded parking.
- Located just 2.3 miles from North Loop 1604 East.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,589
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,471,780
$1.5M
Cap Rate 7%
$1,051,271
$1.1M
Cap Rate 9%
$817,656
$817.7K
Market Conditions
NOI Build-Up for 10,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$95.4K $9.00/SF
− Vacancy
−$8.8K −$0.83/SF
EGI
$86.6K $8.17/SF
− OpEx
−$13.0K −$1.23/SF
NOI
$73.6K $6.94/SF
Area
Bexar County, TX
Vacancy
9.25%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,471,780
Cap Rate 7%
$1,051,271
Cap Rate 9%
$817,656
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.35M
NOI $141,039 @ 7.0% cap · market cap 13.43%
Second Best
Warehouse
$1.05M
$919.9K – $1.23M
NOI $73,589 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $200,826 @ 7.0% cap · market cap 19.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78109, TX
52,093
Population
19,279
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
92%
High-School Grad
27.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$87,635
Median Household Income
$44,182
Median Earnings
$1,645
Median Rent
$241,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rocket Self Storage — 8678 Farm-To-Market Rd 78, Converse, TX 78109
- Converse Mini Storage — 9071 Farm-To-Market Rd 78, Converse, TX 78109
- Lockaway Storage — 8401 Crestway Dr, Converse, TX 78109
Frequently Asked Questions
What type of property is this?
Warehouse - 10,600 SF industrial space on 0.90 acres for sale.
Where is this warehouse located?
The property is located at 8514 Brucks Dr Converse, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Vacant property ideal for lease‑up investment or owner‑user, especially for automotive/equipment repairs.; Ample industrial outdoor storage (IOS) space featuring a detached canopy for shaded parking.; Located just 2.3 miles from North Loop 1604 East.
