Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Horizon City Land For Sale Title is generated by Realmo AI

    Grinnell Avenue, Horizon City, TX 79928

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Horizon City, TX

    Lot size:
    0.41 Acres
    Added:
    May 15, 2026
    Days on Market:
    18
    Last Refresh:
    Jun 1 at 2:06 am

    Property Features for Grinnell Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    E36302903300220
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    33 EL PASO EAST #29 LOTS 22 TO 24 (18,000.00 SQFT)

    We can help!

    Listing Contact
    Dominique I Beck

    Listing agent Dominique I Beck

    Listing office ClearView Realty 12247 Rojas Dr., El Paso, TX

    Listing date May 15, 2026

    MLS# 944072 Listing URL

    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.

    HighLights

    • Investment opportunity
    • Spacious 0.41 acre lot
    • Located just 1.50 miles from Horizon Blvd
    • Conveniently located 0.65 miles from Indian Trail Rd
    • Coordinates: 31.66013 N, 106.05135 W
    • Location details provided

    Overview

    This 0.41-acre lot presents a great investment opportunity. It is located 1.50 miles from Horizon Blvd and 0.65 miles from Indian Trail Rd in Horizon City, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Horizon City
    County
    El Paso
    State
    Texas
    Longitude
    -106.051379
    Latitude
    31.660104

    Nearby Similar for Sale

    • $660,000

      High-Traffic Corner Lot in Horizon

      One-acre corner lot suitable for retail in Horizon City, TX.
      501 Darrington Road, Horizon City, TX 79928
      View Details
    • $220,000

      Horizon City Land For Sale

      Commercial land available in Horizon City, Texas.
      1191 Darrington Road, Horizon City, TX 79928
      View Details
    • $4,079,830

      Horizon City Land Opportunity

      17.84 acres of prime land in Horizon City, Texas.
      469 N Kenazo Avenue, Horizon City, TX 79928
      View Details
    • $100,000

      Horizon City Land Opportunity

      Commercial land for sale in a growing area.
      PN-129994 Darrington, Horizon City, TX 79928
      View Details
    • $925,650

      Horizon City Land on Kenazo

      1.25 acres of commercial land in a developing area.
      487 N Kenazo Avenue, Horizon City, TX 79928
      View Details
    • $1,262,368

      Horizon City Industrial Land Available

      Industrial-zoned land in a growing logistics corridor near I-10.
      14317 RUDI KUEFNER Drive, Horizon City, TX 79928
      View Details
    • $925,650

      Horizon City Land For Sale

      1.26 acres in a rapidly developing area of Horizon City.
      479 N Kenazo Avenue, Horizon City, TX 79928
      View Details
    • $1,458,388

      Horizon City Industrial Land Available

      Industrial-zoned land in a fast-growing El Paso logistics corridor.
      14325 RUDI KUEFNER Drive, Horizon City, TX 79928
      View Details
    • $119,000

      Horizon City Land For Sale

      0.83 acre lot with utilities available in Horizon City.
      3 Tioga Street, Horizon City, TX 79928
      View Details
    • $285,000

      Horizon City 5-Acre Lot

      5-acre lot in growing Horizon City near established neighborhoods.
      pn-287870, Horizon City, TX 79928
      View Details
    • $220,000

      Horizon City Land For Sale

      Two lots totaling 1.65 acres, fenced on three sides.
      3 & 4 Tioga Street, Horizon City, TX 79928
      View Details
    • $898,425

      Horizon City Land on Kenazo

      1.22 acre commercial land in a rapidly developing area.
      467 N Kenazo Avenue, Horizon City, TX 79928
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.41 acre lot, great investment opportunity in Horizon City.
    Where is this commercial land located?
    The property is located at Grinnell Avenue Horizon City, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Investment opportunity; Spacious 0.41 acre lot; Located just 1.50 miles from Horizon Blvd
    (434) 709-6486
    We can help!
    Listing Contact
    Dominique I Beck
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Grinnell Avenue, Horizon City, TX 79928
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!