Fm 1516 & Binz-Engleman Rd Converse, TX 78109
- Retail properties
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Fm 1516 & Binz-Engleman Rd
- Lot size
- 1.00 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial land opportunity spans 1 to 7.65 acres at the signalized intersection of FM 1516 and Binz-Engleman Road in Converse, Bexar County, Texas (zip code 78109). Located in a rapidly expanding area of San Antonio, this property offers significant potential for retail and office development. The site boasts convenient access via FM 1516, currently under construction to become a five-lane road, and Binz-Engleman Road. Utilities are readily available, with 16" water and 18" sewer stubs already in place at the pad sites. The property is zoned OCL (Outside City Limits). This location benefits from a high-growth residential market, with over 3,000 single-family lots under construction within a two-mile radius, and is adjacent to a new 315-unit multi-family project currently under development. The area is currently underserved in terms of retail options, presenting a unique opportunity to capitalize on the burgeoning population. FM 1516 experiences a high volume of traffic, with approximately 26,000 vehicles per day. This prime location and robust infrastructure make this an ideal investment for developers seeking to establish a presence in a thriving San Antonio 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
- -98.314
- Latitude
- 29.4769
