Property profile

9164 Farm-To-Market Rd Converse, TX 78109

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional 9,260 square foot flex space building, completed in 2024, presents a unique investment opportunity in the thriving Norfolk, VA Hampton Roads submarket. Strategically located at the intersection of I-64 and East Little Creek Road, this property benefits from exceptional visibility and high traffic counts, with approximately 24,000+ vehicles passing daily. The building is comprised of five individual suites, with a minimum divisible space of 1,852 square feet and a maximum contiguous space of 1,852 square feet. Each suite boasts attractive features including a modern glass storefront entry, a spacious 21' x 22' office/bathroom, and convenient access to the warehouse via a 10' x 10' overhead door. Ample parking is provided with 19 spaces available. The property is zoned CC and is currently available for pre-leasing, with occupancy commencing in November 2024. This is an ideal location for businesses seeking a blend of office and warehouse space in a high-traffic area with excellent accessibility.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

9164 Farm-To-Market Rd 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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