8314 Fm 78 Converse, TX 78109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.