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5885 FM 1516 19.8 Acres of Commercial Land Offered at $1,165,000 in Converse, TX 78109
INVESTMENT HIGHLIGHTS
- Close to I-10 & Loop 1604
- Good traffic counts in the area
- Close to lots of new developments
- Major Road expansions around property
EXECUTIVE SUMMARY
Land off of FM 1516 available for development - approx. 17 useable acres, outside of Fema flood zone - buyer to verify all information. Zoned B-3 for commercial use, and City of San Antonio has a new major thoroughfare plan which expands FM 1516 to a 4-lane road ("Secondary Arterial") and extends Binz-Engleman Eastward (will also be a 4-lane road), just south of the subject property. Property is level and partially cleared, surrounded by neighbors such as Hidden Springs Youth Ranch, an IDEA school, Elementary school, and numerous residential neighborhoods (Colony Meadow, Hightop Ridge, Knox Ridge, etc).
PROPERTY FACTS
| Price | $1,165,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 19.80 AC |
| Property Type | Land | ||
| Zoning | B-3 - Commercial | ||
| Price | $1,165,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 19.80 AC |
| Zoning | B-3 - Commercial |
1 LOT AVAILABLE
Lot
| Price | $1,165,000 | Lot Size | 19.80 AC |
| Price Per AC | $58,838.38 |
| Price | $1,165,000 |
| Price Per AC | $58,838.38 |
| Lot Size | 19.80 AC |
Property is level and partially cleared. Please contact the broker for additional information on this lot.
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5885 FM 1516
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