8314 Fm 78 Converse, TX 78109
- Commercial real estate
- 6,322 SF
- 4.80 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8314 Fm 78
- Year built
- 1975
- Lot size
- 4.80 lot acres
- Property size
- 6,322 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 8314 FM 78 in Converse, Texas, presents a unique investment opportunity. The property encompasses a substantial 4.8 acres of land, featuring two existing warehouses, each boasting 3,200 square feet of space. This translates to a total of 6,322 square feet of existing warehouse space, ideally suited for a variety of commercial uses. The strategic location on FM 78 offers unparalleled visibility and accessibility, situated directly across the street from a Walmart Supercenter, ensuring high traffic volume and excellent brand exposure. Beyond the existing structures, approximately 3.7 acres remain undeveloped, providing significant potential for expansion. This expansive undeveloped land offers considerable flexibility for future development, allowing for the construction of additional warehouses, flex spaces, retail outlets, residential units, or a multifamily development, catering to a diverse range of potential uses and maximizing investment returns. The asking price for this remarkable property is $2,500,000. The seller is also open to financing options, making this an even more attractive proposition for prospective buyers. This is a rare opportunity to acquire a well-positioned commercial property with substantial existing infrastructure and significant development potential in a thriving Texas market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Converse
- County
- Bexar
- State
- Texas
- Longitude
- -98.3239
- Latitude
- 29.496