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Property profile & analytics
OFF-MARKET
Commercial real estate

7380 Binz Engleman Rd Converse, TX 78109

27.83 ac lot
Property ID
US83-3586463
Property summary
AI-generated overview

Exceptional investment opportunity awaits with this expansive 27.833-acre property located at 7380 Binz Engleman Rd, Converse, TX 78109, in Bexar County. Boasting significant frontage on Binz Engleman Road, this land presents exciting possibilities for both residential and commercial development. The property includes a private lake, ideal for recreational use. While a residence is currently situated on the site, the true value lies in the substantial acreage itself. Currently zoned Outside City Limits (OCL) per Bexar CAD, this parcel is ready for your vision. Note that a portion of the property falls within a designated floodplain. Prospective buyers are strongly encouraged to independently verify all pertinent details, including taxes, utilities, easements, and zoning regulations. A survey is available in supplemental documentation. This unique offering presents a rare chance to acquire a large tract of land with considerable development potential in a desirable Texas location. The asking price is $960,000. Ownership is held by the Celia Phillips Irrevocable Trust.

Property profile
Verified
Property type Commercial real estate
Lot 27.83 ac (1,212,405 SF)
UPID US83-3586463
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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