Flex Space Industrial Campus with
For Sale
$2,800,000
14372 Rudi Kuefner Drive, Horizon City, TX 79928
COMMERCIAL - Horizon City, TX
Property Size14,400 SF
Lot Size2.14 Acres
Price / SF$194.44
Days on Market35
Property Features for 14372 Rudi Kuefner Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1
Fireplace
1
Standard status
Active
APN
T19800000100100
Lot size
2.14 Acres
Taxes and HOA fees
Tax Description
1 TEXLAND LOT 1 (93121.07 SQ FT)
Legal Description
1 TEXLAND LOT 1 (93121.07 SQ FT)
Utilities
Heating system
Central
Building Details
Floors in Building
1
Building materials
Stucco
Listing Agency:
Keller Williams Realty
(915) 603-5293
Listed By:
Angel Uriel Cazares
(915) 242-5441
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 31 at 7:06AM
MLS# 948432
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
New-construction industrial flex space campus totaling approximately 14,400 SF across three complementary buildings: a dedicated office building, a functional warehouse, and an additional warehouse shell. The site sits on approximately 2.14 acres and includes a secured yard of 93,122.57 SF. Multiple grade-level overhead doors, dedicated parking, and flexible vehicle circulation support day-to-day operational needs.
A Certificate of Occupancy (COO) has been issued. The campus is zoned for light industrial use (M1) and may accommodate owner-user, contractor, service, storage, and distribution operations, subject to applicable approvals. Construction materials include stucco and the property is served by central heating. Fireplace is listed as present.
The three-building layout is designed to provide both workplace and warehousing/storage options in one campus, with a secured yard and coordinated access for vehicles.
A Certificate of Occupancy (COO) has been issued. The campus is zoned for light industrial use (M1) and may accommodate owner-user, contractor, service, storage, and distribution operations, subject to applicable approvals. Construction materials include stucco and the property is served by central heating. Fireplace is listed as present.
The three-building layout is designed to provide both workplace and warehousing/storage options in one campus, with a secured yard and coordinated access for vehicles.
Key Highlights
- Approximately 14,400 SF across three buildings: dedicated office, functional warehouse, and additional warehouse shell
- Approximately 2.14 acres with a secured yard of 93,122.57 SF
- Multiple grade‑level overhead doors for flexible loading and operations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,528
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,650,560
$1.7M
Cap Rate 7%
$1,178,971
$1.2M
Cap Rate 9%
$916,978
$917.0K
Market Conditions
NOI Build-Up for 14,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$108.0K $7.50/SF
− Vacancy
−$10.9K −$0.76/SF
EGI
$97.1K $6.74/SF
− OpEx
−$14.6K −$1.01/SF
NOI
$82.5K $5.73/SF
Area
ZIP 79928
Vacancy
10.10%
Lease Rate
$7.50 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,650,560
Cap Rate 7%
$1,178,971
Cap Rate 9%
$916,978
Alternative Uses
Best Use
Warehouse
$1.18M
$1.03M – $1.38M
NOI $82,528 @ 7.0% cap · market cap 2.95%
Second Best
Flex RnD
$1.15M
$1.00M – $1.34M
NOI $80,174 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$2.52M
$2.20M – $2.94M
NOI $176,256 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79928, TX
78,971
Population
24,841
Households
3.2
Avg Household Size
29
Median Age
24%
College-Educated
85%
High-School Grad
209.9 sq mi
ZIP Area
376
Density / Sq Mi
$73,704
Median Household Income
$37,406
Median Earnings
$1,145
Median Rent
$188,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - New-construction flex space industrial campus zoned M1 with a dedicated office building, warehouse space, and secured yard.
Where is this flex space located?
The property is located at 14372 Rudi Kuefner Drive Horizon City, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Approximately 14,400 SF across three buildings: dedicated office, functional warehouse, and additional warehouse shell; Approximately 2.14 acres with a secured yard of 93,122.57 SF; Multiple grade‑level overhead doors for flexible loading and operations
