Property profile

78 Converse Converse, TX 78109

OFF-MARKET
Land
33.5 ac lot
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Property summary

AI-generated overview

This exceptional 33.5-acre commercial land parcel presents a remarkable investment opportunity in Converse, Texas. Strategically located on FM 78, this property boasts exceptional visibility and accessibility, benefiting from a high daily traffic count of 25,696 vehicles. The expansive lot offers significant development potential, suitable for a variety of commercial or industrial uses. The property is zoned B-3 and I-1, allowing for diverse project types. A significant advantage is that over 18 acres are situated outside the floodway, minimizing flood risk and simplifying development planning. Situated in Bexar County, Texas, with a 78109 zip code, this location provides easy access to major transportation routes and a growing community. The property's size and zoning make it ideal for a service center, industrial facility, or other large-scale commercial development. This prime location and flexible zoning regulations offer a unique chance to establish a thriving business in a high-growth area. The asking price is below market value, representing a compelling investment opportunity. Detailed site plans and zoning information are available upon request.

Property profile

Verified
Property type Land
Lot 33.5 ac (1,459,260 SF)

Cap rate & NOI

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

Location

78 Converse Converse, TX 78109
Converse metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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