1516 Farm To Market Rd Converse, TX 78109
This exceptional 0.63-acre commercial lot is situated at the northeast corner of the newly developed S. Seguin Road (FM 1516) and FM 1976 intersection in Converse, Texas, zip code 78109, within Bexar County. The property boasts excellent visibility and accessibility due to its prime location at this high-traffic intersection. Zoned B-3, this land presents a unique opportunity for various commercial ventures. Ideal uses include a freestanding dry cleaner, a small retail center with a quick-service restaurant (QSR) end cap, or a convenience store. All utilities are readily available, simplifying development plans. The asking price is $192,099, translating to $7 per square foot. The lot offers significant frontage on both FM 1516 and FM 1976, maximizing exposure to potential customers. Drone footage and a 360° panoramic view are available online for a comprehensive perspective of the property and its surroundings. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a rapidly growing area.
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.