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Mixed-Use

Converse Land

5880 Farm to Market 1516, Converse, TX 78109

Listing Price: $1,850,000

Lot Size
17.00 acres
Price/Acre
$108,824
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present Converse Land, a 17-acre parcel located in the northeast submarket of San Antonio, Texas. Converse Land is a 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. That growth is visibly evident with multiple residential neighborhoods (Lennar Homes, Liberty Home Builders, CastleRock Communities, among others) being currently constructed in the immediate area of the property. Converse Land has a portion of the property in the flood zone with approximately 8 useable acres (Buyer due diligence will need to be performed for exact feasibility). Potential useable areas include frontage along Farm to Market 1516 to the north and backing up to the new Lennar Homes development on the southern side. A road connecting Binz-Engleman to FM 1516 which would require access through Converse Land has been in discussion (see diagrams). Further highlights include close proximity to loop 1604, I-10, and IDEA Converse and other schools.

Investment Highlights

  • Situated in a high developing residential area
  • 17 acres (+/- 8 are useable. *Further due diligence require)
  • Converse is a high growth region of San Antonio
  • Ease of access to major corridors
  • Ideal for retail and further residential development

Exclusively Listed By

Listing Price: $1,850,000

Lot Size
17.00 acres
Price/Acre
$108,824
Land Type
Land

Investment Highlights

  • Situated in a high developing residential area
  • 17 acres (+/- 8 are useable. *Further due diligence require)
  • Converse is a high growth region of San Antonio
  • Ease of access to major corridors
  • Ideal for retail and further residential development

Investment Overview

Marcus & Millichap is pleased to present Converse Land, a 17-acre parcel located in the northeast submarket of San Antonio, Texas. Converse Land is a 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. That growth is visibly evident with multiple residential neighborhoods (Lennar Homes, Liberty Home Builders, CastleRock Communities, among others) being currently constructed in the immediate area of the property. Converse Land has a portion of the property in the flood zone with approximately 8 useable acres (Buyer due diligence will need to be performed for exact feasibility). Potential useable areas include frontage along Farm to Market 1516 to the north and backing up to the new Lennar Homes development on the southern side. A road connecting Binz-Engleman to FM 1516 which would require access through Converse Land has been in discussion (see diagrams). Further highlights include close proximity to loop 1604, I-10, and IDEA Converse and other schools.

Exclusively Listed By

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