Property profile

0 Fm 1976 Converse, TX 78109

OFF-MARKET
Land
11 ac lot
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Property summary

AI-generated overview

This exceptional 11-acre commercial land parcel presents a remarkable development opportunity in Converse, Texas. Ideally situated off FM 1976, this property boasts unparalleled access to major transportation arteries, including Loop 1604 (1.8 miles), Interstate 35 (3 miles), I-10 (4 miles), and Loop 368/Austin Highway (under 5 miles). The high-traffic location on FM 1976 sees over 15,000 vehicles daily, while Loop 1604 experiences over 67,000 vehicles per day, ensuring significant visibility and accessibility. The land is priced at $1.50 per square foot. This tract is perfectly positioned within a densely populated area featuring established residential communities and commercial businesses, creating a captive market for a diverse range of commercial ventures. Its proximity to San Antonio, Randolph Air Force Base, and major retail centers further enhances its appeal. Located in Bexar County and within the Judson Independent School District, the property benefits from a 2020 total tax rate of $2.52 per $100 of assessed value. This is a rare opportunity to acquire a strategically located commercial property with immense potential. The property is ready for immediate development.

Property profile

Verified
Property type Land
Lot 11 ac (479,160 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Fm 1976 Converse, TX 78109
Converse metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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