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    OFF-MARKET
    Land

    5160 Martinez Converse Rd, Converse, TX 78109

    2,192 SF 1.16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.16-acre commercial land parcel, located at 5160 Martinez Converse Rd in Converse, Texas (zip code 78109), presents a compelling investment opportunity. Priced at $375,000, this B-3 zoned property offers significant potential for a variety of commercial uses. The site boasts 2,192 square feet and provides ample parking with 45 spaces. Its strategic location off a major intersection ensures high visibility, with an estimated 5,000 vehicles passing daily. The property is situated in a rapidly growing area of Converse, directly adjacent to Idea Converse Academy Charter School and a new residential development, providing immediate access to a substantial customer base. This prime location serves as a main entry point for a residential area, making it ideal for businesses seeking high traffic and visibility. The flexible B-3 zoning allows for diverse development options, making this a truly attractive proposition for investors seeking a ready-to-develop site in a thriving Texas market. The property's proximity to both established and emerging communities ensures strong potential for long-term growth and return on investment.

    Property profile
    Verified
    Property type Land
    Total area 2,192 SF
    Lot 1.16 ac (50,530 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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