932 Toepperwein Rd, Converse, TX 78109
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.
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.