806 Toepperwein Rd, Converse, TX 78109
This exceptional 4.68-acre property, located at 806 Toepperwein Rd in Converse, TX, presents a unique investment chance. The site boasts two existing houses, offering immediate potential for rental income or redevelopment. The expansive acreage provides ample space for a variety of commercial ventures, making it ideal for developers seeking a versatile location. Situated near Interstate Highway 35, this property benefits from excellent accessibility and high visibility, ensuring strong potential for attracting customers and clients. The total square footage of the existing buildings is 1,709 square feet. Importantly, this property is not located within a floodplain, eliminating potential flood-related risks and simplifying development processes. The asking price for this remarkable opportunity is $779,000. This location offers a blend of existing structures and significant land area, making it a compelling proposition for investors and developers alike. The proximity to IH 35 provides unparalleled connectivity to the wider San Antonio metropolitan area, further enhancing its commercial viability. This is a rare chance to acquire a substantial property in a rapidly growing area, offering significant long-term growth potential. Don't miss this chance to secure a prime piece of Converse real estate.
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
Similar Nearby for Lease
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.