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    OFF-MARKET
    Commercial real estate

    932 Toepperwein Rd, Converse, TX 78109

    3.9 ac lot
    Property ID
    US82-4155640
    Property summary
    AI-generated overview

    This exceptional 3.9-acre commercial land parcel, located at 932 Toepperwein Rd in Converse, Texas (zip code 78109), presents a unique investment opportunity. Zoned B-2, it's ideally suited for a variety of commercial uses, including retail and multifamily developments. The property boasts a highly desirable location along Toepperwein Road, an amenity-rich corridor experiencing significant growth with new residences and businesses. This is one of the few sites along Toepperwein exceeding 3.5 acres, making it particularly attractive for larger-scale projects. Converse's pro-development stance for retail, multifamily, and other commercial ventures further enhances the property's potential. Its proximity to Randolph AFB adds to its strategic appeal. Utilities are available on-site, and importantly, the property is located in a non-flood zone. This exceptional offering combines size, location, and zoning to create a compelling investment opportunity in a thriving market. The asking price is $825,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.9 ac (169,884 SF)
    UPID US82-4155640
    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
    AI Approach AI
    by Request
    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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