5822 Farm To Market 1516 Converse, TX 78109
- Land
- 0.50 lot acres
Current Use by Public Records
- Land
Property Details for 5822 Farm To Market 1516
- Lot size
- 0.50 lot acres
- Property type
- Land
Description
Exceptional opportunity to acquire prime commercial land in Converse, Texas. This 3.53-acre site, zoned C-2, is ideally situated at a hard corner on FM 1516, offering unparalleled visibility and accessibility. The property is positioned at the entrance of a new multifamily development and directly across from a new single-family residential neighborhood, ensuring a robust customer base. With twelve new subdivisions planned or under construction in the immediate area (representing approximately 3,000 new homes), and additional multifamily projects underway, this location is experiencing significant residential growth. The city of Converse is proactively planning road improvements to accommodate this increased traffic volume. The site is divisible into two or three pad sites, providing flexibility for various retail uses. Potential uses include, but are not limited to, auto parts stores, dollar stores, paint stores, dental offices, coffee shops, and daycare centers. The land value is $16 per square foot. This presents a rare chance to capitalize on the explosive growth in Converse and secure a prominent position in this thriving market. Lot sizes range from 0.5 to 3.53 acres.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Converse
- County
- Bexar
- State
- Texas
- Longitude
- -98.3122
- Latitude
- 29.4833
