8021 Farm-To-Market Rd Converse, TX 78109
- Lifestyle centers
- 16,830 SF
- 1.56 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 8021 Farm-To-Market Rd
- Year built
- 1987
- Lot size
- 1.56 lot acres
- Property size
- 16,830 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Ventura Plaza, located at 8021 Farm-To-Market Road 78 in Converse, Texas, presents a compelling investment opportunity in a stabilized retail shopping center. This single-story, 16,830 square foot building, constructed in 1987 and renovated in 2020, sits on a 1.56-acre lot and features ten individual units currently boasting 100% occupancy. The property benefits from a highly visible location on FM 78, a major thoroughfare, with a signalized intersection ensuring excellent accessibility for customers and tenants. The ample parking provision of 101 spaces caters to the needs of the diverse tenant mix. A prominent pylon sign enhances visibility, and a vacant pad site offers significant potential for expansion and increased net operating income. The property's commercial zoning allows for a variety of uses, and its long-term, stable tenant base provides a reliable income stream. Situated in Bexar County, this Converse location offers the advantages of a thriving commercial area with easy access to the larger San Antonio metropolitan area. This property represents a rare opportunity to acquire a well-maintained, high-performing retail center with substantial upside potential. The property is zoned for commercial use.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Converse
- County
- Bexar
- State
- Texas
- Longitude
- -98.3305
- Latitude
- 29.4937
