Property profile

0 Loop 1604 Converse, TX 78109

OFF-MARKET
Land
674,309 SF 15.48 ac lot
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Property summary

AI-generated overview

This exceptional 15.48-acre commercial land parcel presents a remarkable investment opportunity in Converse, Texas. Strategically located at the southwest corner of Coppergate and East Loop 1604, this property boasts unparalleled visibility from the heavily trafficked East Loop 1604, averaging approximately 40,724 vehicles per day. Its proximity to Copperfield Elementary and the Autumn Heights Retail Strip further enhances its desirability. The site is zoned B-3, providing flexibility for a wide range of commercial developments. Existing infrastructure includes readily available water, fire hydrant access, and electricity, simplifying the development process. An on-site electronic billboard significantly increases visibility and exposure for any business established here. The property's location benefits from its proximity to Interstate 10 (75,457 VPD) and its position between two of San Antonio's major interstate systems, I-35 and I-10, ensuring excellent connectivity. The site's total square footage is 674,309, offered at $8.75 per square foot, with an asking price of $5,900,202. The surrounding area is experiencing significant growth, with new subdivisions adding to the burgeoning population and a median household income of $93,800 (2021). This presents a unique chance to capitalize on a thriving market and establish a strong commercial presence. The property can be subdivided into smaller parcels to accommodate various development needs.

Property profile

Verified
Property type Land
Total area 674,309 SF
Lot 15.48 ac (674,309 SF)

Cap rate & NOI

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

Location

Loop 1604 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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