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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9179 Farm-To-Market Rd Converse, TX 78109

9,000 SF 0.86 ac lot Built 2024
Property ID
Property summary
AI-generated overview

Santa Monica Plaza, a brand-new Class A retail center (2024 construction), offers exceptional opportunities in Converse, TX's thriving North East submarket. This single-story, 9,000 square foot building sits on a 0.86-acre lot (37,418 sq ft) and features five suites, with 9,000 square feet currently available. Spaces range from a minimum of 1,800 square feet to a maximum contiguous space of 9,000 square feet, ideal for a variety of retail concepts. The property boasts a convenient drive-thru option, ample parking (43 spaces), and is situated on a high-traffic corridor along Farm-To-Market Road 78, near Converse Center St. The B-3 zoning allows for diverse commercial uses. Benefit from a strong demographic profile within a 5-mile radius, including nearly 220,000 residents and an average household income near $100,000. The property's proximity to Randolph Air Force Base provides a stable customer base. Property taxes are $2.97 per square foot. This exceptional location, combined with the area's robust growth and pro-business environment, presents a compelling investment opportunity. The building's Building FAR is .24. APN is 05063-912-0060, located in Bexar County, Texas, zip code 78109.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 9,000 SF
Lot 0.86 ac (37,418 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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