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Occupied Flex Space with Fenced Yard
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9310 Converse Business Ln, Converse, TX 78109

Flex property featuring NNN leases, a fenced yard, and an all-concrete drive.

Property Size8,600 SF
Price / SF$162.79
Days on Market100

Property Features for 9310 Converse Business Ln

General Information

Standard status Active
Size 8,600 SF
Property subtype INDUSTRIAL
Occupancy 100%

Site & Location

Highway Access Yes
Fenced Yard Yes
Listing Agency: DH Realty Partners | San Antonio
Listed By: Allen Niesinov · License #768330
Source: Moodyscre
Added: Jul 28 Changed: Oct 25 Last Checked: Nov 3 at 3:19AM

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 DH Realty Partners | San Antonio

Rey
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Investment Insights

Based on property information with market context.

This 8,600-square-foot flex space is 100% occupied and subject to NNN leases. The property includes a fenced yard and an all-concrete drive, providing defined outdoor space and durable site access for commercial operations.

Located at 9310 Converse Business Ln in Converse, Texas, the property is approximately 5 minutes from 1604, 10 minutes from I-35, and 10 minutes from I-10. Its combination of occupied tenancy, NNN lease structure, fenced yard, and concrete site improvements defines the offering.

Key Highlights

  • 8,600 square feet of flex space
  • 100% occupied
  • NNN leases

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,534
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,680 $1.4M
Cap Rate 7%
$993,343 $993.3K
Cap Rate 9%
$772,600 $772.6K
Market Conditions
NOI Build-Up for 8,600 SF
Gross rent
$112.5K $13.08/SF
− Vacancy
−$5.5K −$0.64/SF
EGI
$107.0K $12.44/SF
− OpEx
−$37.4K −$4.35/SF
NOI
$69.5K $8.09/SF
Area
Bexar County, TX
Vacancy
4.90%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,390,680
Cap Rate 7%
$993,343
Cap Rate 9%
$772,600

Alternative Uses

Best Use
Flex RnD
$993.3K
$869.2K – $1.16M (±1% cap)
NOI $69,534 @ 7.0% cap · market cap 4.97%
Second Best
Warehouse
$852.9K
$746.3K – $995.1K (±1% cap)
NOI $59,704 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M (±1% cap)
NOI $162,935 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Big Box & Wholesale Store Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flex property featuring NNN leases, a fenced yard, and an all-concrete drive.
Where is this flex space located?
The property is located at 9310 Converse Business Ln Converse, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8,600 square feet of flex space; 100% occupied; NNN leases
(210) 978-4050 Call to check price and availability
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