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5175 Martinez Converse Rd
Converse, TX 78109
Converse Commercial Land 3.37 Acres @ FM 1516 · Land For Sale · 2.54 AC

Investment Highlights

  • TXDOT currently widening FM 1516 , rapidly growing traffic counts & population - high residential growth
  • Fantastic opportunity for a developer in the city of Converse which is part of a region that has grown 65 percent over the last six years
  • Utilities available
  • 360 degree road frontage, high elevation with excellent visibility
  • No deed restrictions, general business use zoning with many suitable uses - immediate needs in Converse
  • Close proximity to San Antonio airport, oop 1604, I-10, and IDEA Converse and other schools.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Auto Dealership
  • Auto Repair
  • Auto Salvage Facility
  • Bank
  • Bar
  • Bowling Alley
  • Carwash
  • Community Center
  • Contractor Storage Yard
  • Convenience Store
  • Daycare Center
  • Department Store
  • Distribution
  • Drugstore
  • Fast Food
  • Food Processing
  • Funeral Home
  • General Freestanding
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Industrial Live or Work Unit
  • Lodge or Meeting Hall
  • Loft or Creative Space
  • Medical
  • Movie Theater
  • Movie, Radio or Television Studio
  • Neighborhood Center
  • Office Park
  • Outlet Center
  • Post Office
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Service Station
  • Skating Rink
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Theater or Concert Hall
  • Veterinarian or Kennel
  • Agribusiness
Total Lot Size 2.54 AC
Zoning B3 Commercial - The B-3 Commercial District is composed of land and structures used to furnish commercial needs with higher than average traffic, noise, etc.

Description

3.37 Acres Prime for Development at the high traffic corner of FM 1516 and Binz-Engleman Rd in the City of Converse with tremendous visibility. 360 roadway frontage, level, no flood zone. One lot available, zoned B3 for general commercial use. Backs up to 1000's of residential rooftops in subdivision that connects with Loop 1604, adjacent to Idea Public School. Entire area is booming. TxDot currently widening 1516, increasing traffic counts as homesites are built all around subject property. Zoning allows for uses ranging from but not limited to: retail, C-stores, hotels, medical, business park, restaurant, movie theatre/bowling, alcohol sales. The City of Converse is an untapped market making it an ideal location to begin or expand your business. Converse has the feel of a small town with a vision to become the largest suburb of San Antonio. With thousands of new homes being built and adjacent areas being annexed, Converse is an area experiencing tremendous growth. Major thoroughfares are being expanded to improve access points from IH10, IH35, and Loop 1604. Estimated growth of 65% over past 6 years, creating retail & service gaps.

Property Taxes

Property Taxes

Parcel Number
05065-601-0010
Land Assessment
$738,610
Improvements Assessment
$1,455,840
Total Assessment
$2,194,450
  • Listing ID: 20290846

  • Date on Market: 7/15/2020

  • Last Updated:

  • Address: 5175 Martinez Converse Rd, Converse, TX 78109

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