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 1. For Sale
 2. Land
 3. TX
 4. Converse
 5. Commercial Development Pad for Sale in Converse, TX
    


Street View
Gallery 3
Map View



COMMERCIAL DEVELOPMENT PAD FOR SALE IN CONVERSE, TX

Land | 0.6 acres
View OM View Flyer Submit LOI
Request Info


LISTING CONTACTS

 * Jordan Gorjian Pro
   License: US
   Phone Number:  Sign Up  or  Log In  to see phone number
   View my profile
   


ACTIVE

Asking Price:Unpriced

Deal terms are not currently defined. Request your own specific terms when
submitting a non-binding offer.

Learn more


SCHEDULE A TOUR

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Address 


301 CONVERSE CENTER ST, CONVERSE, TX 78109

Show on Map
Date Added
Jul 11, 2023
Days on Market
20 days
Time Since Last Update
22 hours


DETAILS

Property TypeLand
SubtypeCommercial
ZoningB-3
Lot Size (acres)0.6
OwnershipFee Simple
Sale ConditionFor sale by owner


MARKETING DESCRIPTION

Attention Investors and Developers! Prime Commercial Development Site in
Converse, TX Opportunities like this don't come around often. This .6-acre lot
is ready to be transformed into a thriving business in the heart of Converse.
With its commercial zoning and drive-thru possibility, the potential for success
is undeniable. Located on 301 Converse Center St, this property boasts fantastic
visibility and easy access, with frontage on South Seguin Road. Surrounding the
site, you'll find a host of well-established retailers such as O'Reilly Auto
Parts, Family Dollar, McDonald's, Pizza Hut, Domino's Pizza, and Shell Gas
Station, attracting a steady flow of customers with a daily traffic count of
22,596 vehicles. The demographics speak volumes for the potential of this
location. Within a 5-mile radius, the population is over 205,899, with a median
household income of $81,648 and a median home value of $288,959. There are also
a significant number of establishments and employees in the area, providing a
strong economic base for any business endeavor. Whether you're interested in
leasing, buying, or exploring a joint venture, this property is a must-see.
Don't miss out on this incredible opportunity to make a mark in the thriving
business community of Converse. Contact us now to schedule a viewing and turn
your vision into a reality.


INVESTMENT HIGHLIGHTS

B-3 Zoning


VALUATION CALCULATOR

Purchase Price
Net Operating Income
Down Payment




Interest Rate
Term (years)
Loan Amount

$--
Annual Debt Service

$--
$-- /mo
Annual Cash Flow

$--
$-- /mo

VALUATION METRICS


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--
DSCR

--
Cap Rate

--
ROI



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DEMOGRAPHIC INSIGHTS


INTELLIGENCE
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1 mile

3 miles

5 miles



Household Income
Median Income
$
Estimate
0%
Growth Rate


Age Demographics
Median Age
Estimate
0%
Growth Rate


Number of Employees
Top Employment Categories


Housing Occupancy Ratio


Renter to Homeowner Ratio



LOCATION INSIGHTS




CLIMATE FACTORS


Flood Risk

Fire Risk



Flood Risk ⓘ


--------------------------------------------------------------------------------

Depth of Flood Water (ft.)
Based on a 1% chance that any flooding will occur this year.
 * Less than 0.5 ft
 * 0-1 ft
 * 1-2 ft
 * 2-3 ft
 * More than 3 ft
   


Broker Information
Broker Name
Jordan Gorjian
Broker License
US
Brokerage Name
Gorjian Acquistions
Brokeage Address
60 Cuttermill Road, Great Neck, United States 11021
*All information is deemed reliable but not guaranteed. Buyer to verify all
information.
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The Loan Amount is your Purchase Price minus the Down Payment.
Debt Service is the cash required to pay back the principal and interest of
outstanding debt for a particular period of time.
Your Cash Flow is the Net Operating Income (NOI) minus the Debt Service.
Debt Service Coverage Ratio (DSCR) is a measure of the cash flow available to
pay current debt obligations. It is calculated by dividing the Annual Debt
Service from the NOI
Capitalization Rate (Cap Rate) is calculated by dividing a property's Net
Operating Income by the current market value or your anticipated Purchase Price.
Your Return on Investment or cash-on-cash return measures the amount of cash
flow relative to the amount of cash invested in a property investment and is
calculated by dividing the Down Payment from the Annual Cash Flow
Provided by Risk Factor