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    301 Converse Center St Converse, TX 78109

    Sponsored
    For Sale
    $220,000

    Prime .6-acre lot, high traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.6-acre commercial land parcel, located at 301 Converse Center St, Converse, TX 78109, presents a remarkable investment opportunity. Zoned B-3, this fee-simple property offers significant potential for development. Boasting excellent visibility and accessibility with frontage on South Seguin Road, the site benefits from a daily traffic count of 22,596 vehicles. Its strategic location is surrounded by established retailers including O'Reilly Auto Parts, Family Dollar, McDonald's, Pizza Hut, Domino's Pizza, and a Shell Gas Station, ensuring consistent customer traffic. The strong demographics further enhance the property's appeal, with over 205,899 residents within a 5-mile radius, a median household income exceeding $81,648, and a median home value of $288,959. The drive-thru possibility adds to the versatility and potential return on investment. This property is ideal for investors and developers seeking a prime location in a thriving commercial area. The asking price is $220,000. This is a rare opportunity to acquire a highly desirable commercial site in a rapidly growing market. Don't miss out on this chance to capitalize on the significant potential of this exceptional location.

    Property Features for 301 Converse Center St

    General Information

    Property type
    Land
    Lot Size
    26,136 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Converse
    County
    Bexar
    State
    Texas
    Longitude
    -98.310077936817
    Latitude
    29.513081441513

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    FAQs

    What type of property is this?
    Land - Prime .6-acre lot, high traffic
    Where is this land located?
    The property is located at 301 Converse Center St Converse, TX.
    What is the asking price?
    The asking price for this property is $220,000.
    Request Owner's contact information
    301 Converse Center St 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
    301 Converse Center St Converse, TX 78109
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