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    1976 & Gibbs Sprawl Rd Converse, TX 78109

    For Sale
    $1,559,448

    7.16 Acres, B2 Zoning, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 7.16-acre tract presents a remarkable development opportunity in Converse, Texas. Strategically located at the intersection of FM 1976 and Gibbs Sprawl Road, this property boasts a highly desirable B2 zoning designation within the City of Converse. Its prime location offers easy access to major thoroughfares, placing it within minutes of Joint Base San Antonio-Randolph and the bustling Toepperwein Road corridor. The land is priced competitively at $5 per square foot, representing a compelling investment for developers seeking high-growth potential. With its substantial size and versatile zoning, this property is well-suited for a variety of commercial and residential projects. The address is easily accessible and visible from FM 1976, ensuring high visibility for any future development. The property's location inside Loop 1064 provides convenient access to the greater San Antonio metropolitan area. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area with strong potential for future appreciation. The Bexar County location offers access to a robust infrastructure and a thriving community. Detailed zoning information and development guidelines are readily available from the City of Converse. This property is being offered at $1,559,448. Don't miss this chance to secure a prime piece of land in a highly sought-after location.

    Property Features for 1976 & Gibbs Sprawl Rd

    General Information

    Property type
    Land
    Lot Size
    311,890 SF

    HighLights

    • $1,559,448 asking price.
    • 7.16‑acre land parcel.
    • B2 zoning (City of Converse).
    • $5/SF land value.
    • Located at FM 1976 & Gibbs Sprawl Road, Converse, TX 78109.
    • Excellent development opportunity near Toepperwein Road and JBSA‑Randolph.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Converse
    County
    Bexar
    State
    Texas
    Longitude
    -98.3225851
    Latitude
    29.5149021

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    FAQs

    What type of property is this?
    Land - 7.16 Acres, B2 Zoning, Excellent Location
    Where is this land located?
    The property is located at 1976 & Gibbs Sprawl Rd Converse, TX.
    What is the asking price?
    The asking price for this property is $1,559,448.
    What are key features of this property?
    This property features: $1,559,448 asking price.; 7.16-acre land parcel.; B2 zoning (City of Converse).
    Request Owner's contact information
    1976 & 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

    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
    1976 & Gibbs Sprawl Rd Converse, TX 78109
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