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    3065 Loop 1604 Converse, TX 78109

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Converse retail & land opportunity.

    Lot size:
    17,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Punta Verde Plaza presents a unique investment opportunity in Converse, Texas. This mixed-use development encompasses a 17,500 square foot retail center slated for completion in the second quarter of 2023. The property boasts 23 acres of land, providing ample space for development and expansion. Currently, the entire 17,500 square feet of retail space is available for lease, offering a single-tenant occupancy option. The site features 117 total parking spaces, ensuring convenient access for customers and employees. Located at 3065 E Loop 1604 N, Converse, TX 78109, this property benefits from a highly visible location along Loop 1604, just south of the I-H 10 interchange, providing excellent accessibility and high traffic exposure. The zoning is designated as OCL. The property is situated in Bexar County and offers pad site opportunities for additional development. Future plans include the addition of two small office buildings, further enhancing the project's versatility and appeal. This is an exceptional chance to secure a prominent retail location in a rapidly growing area. The flexible space allows for a variety of retail concepts, from smaller boutiques (1,400 sq ft) to larger establishments (up to 8,400 sq ft). Don't miss this chance to be part of a thriving commercial development.

    Property Features for 3065 Loop 1604

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,500 SF
    Total Rate
    40833.33

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,400 SF
    Rate per SF
    $32

    HighLights

    • High‑visibility location on Loop 1604 with excellent access.
    • Convenient access from Loop 1604 and Green Road.
    • Serves rapidly growing Converse residential communities.
    • Direct ingress/egress to southbound Loop 1604; turnarounds for northbound traffic.
    • Two end‑cap units with drive‑thru potential.
    • Available pad sites along Loop 1604.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Kitchen & Bath Plumbing Service Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Converse
    County
    Bexar
    State
    Texas
    Longitude
    -98.2911424
    Latitude
    29.4625763

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    FAQs

    What type of property is this?
    Land - Prime Converse retail & land opportunity.
    Where is this land located?
    The property is located at 3065 Loop 1604 Converse, TX.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location on Loop 1604 with excellent access.; Convenient access from Loop 1604 and Green Road.; Serves rapidly growing Converse residential communities.
    Request Owner's contact information
    3065 Loop 1604 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    3065 Loop 1604 Converse, TX 78109
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