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    OFF-MARKET
    Land

    at Sierra Sunset Foster Rd, Converse, TX 78109

    1.02 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.016-acre commercial land parcel presents a unique investment opportunity in Converse, Texas. Located in Bexar County, at the intersection of N. Foster Rd. and Sierra Sunset, this property boasts 190 feet of frontage on N. Foster Rd., a major thoroughfare experiencing significant growth. The site is conveniently situated outside city limits yet enjoys close proximity to IH-10, providing excellent accessibility. Adding to its appeal, a proposed McDonald's is adjacent to the property, and a newly constructed Caliber Collision center is directly across the street, indicating a thriving commercial environment. The area is witnessing a surge in development, with several new single-family residential subdivisions and numerous new commercial and industrial projects underway. The property is zoned OCL, offering flexibility for various commercial uses. This strategic location and the surrounding development activity make this 1-acre lot an attractive proposition for investors seeking high-growth potential in a rapidly expanding market. The asking price is $1,025,000. This is a rare opportunity to acquire a prime commercial lot in a high-demand area.

    Property profile
    Verified
    Property type Land
    Lot 1.02 ac (44,257 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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