12170 Interstate 10 Converse, TX 78109
This exceptional 0.667-acre commercial property is strategically located at 12170 Interstate 10 East in Converse, Texas, zip code 78109. Boasting over 194 feet of road frontage along the heavily trafficked IH-10 corridor, between FM 1518 and Loop 1604, this site presents a remarkable opportunity for investors and developers. The property is zoned C-2, allowing for a diverse range of community commercial uses. While two dilapidated buildings and a cistern are present on the site, they are considered to have no monetary value and the property is being sold "as is." The asking price is $119,000. Potential buyers should be aware of existing gas and communication line easements, a flood zone designation, and an airport hazard overlay impacting the property, requiring thorough due diligence. The property's proximity to Randolph AFB further enhances its appeal. Adjacent and nearby properties are also available for purchase, potentially allowing for larger-scale development projects. This is a rare chance to acquire prime commercial land in a high-growth area at a price below tax value.
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
Similar Nearby for Sale
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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.