5160 Martinez Converse Rd, Converse, TX 78109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.