New-Construction Flex
For Sale
$2,800,000
14372 Rudi Kuefner Drive, Horizon City, TX 79928
Commercial Sale, Horizon City, TX
Property Size14,400 SF
Lot Size2.14 Acres
Price / SF$194.44
Days on Market53
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: Sep 2
Last Checked: Sep 18 at 6:06AM
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.
This new-construction flex property at 14372 Rudi Kuefner Drive comprises approximately 14,400 SF in three buildings: a dedicated office building, a warehouse, and an additional warehouse shell. The improvements are finished with stucco and include central heating, multiple grade-level overhead doors, dedicated parking, and vehicle circulation throughout the secured yard.
The approximately 2.14-acre site includes a 93,122.57 SF secured yard and is zoned M1 for light industrial use. A Certificate of Occupancy has been issued. The property offers a combination of office, warehouse, and yard components suited to a range of industrial operations, subject to applicable approvals.
The approximately 2.14-acre site includes a 93,122.57 SF secured yard and is zoned M1 for light industrial use. A Certificate of Occupancy has been issued. The property offers a combination of office, warehouse, and yard components suited to a range of industrial operations, subject to applicable approvals.
Key Highlights
- Approximately 14,400 SF across three buildings
- 2.14‑acre site with a 93,122.57 SF secured yard
- Dedicated office building, warehouse, and additional warehouse shell
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
$146,292
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
5.22%
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%
$2,925,840
$2.9M
Cap Rate 7%
$2,089,886
$2.1M
Cap Rate 9%
$1,625,467
$1.6M
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
$235.0K $16.32/SF
− Vacancy
−$40.0K −$2.77/SF
EGI
$195.1K $13.55/SF
− OpEx
−$48.8K −$3.39/SF
NOI
$146.3K $10.16/SF
Area
ZIP 79928
Vacancy
17.00%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
25.00%
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%
$2,925,840
Cap Rate 7%
$2,089,886
Cap Rate 9%
$1,625,467
Alternative Uses
Best Use
Office B
$2.09M
$1.83M – $2.44M
NOI $146,292 @ 7.0% cap · market cap 5.22%
Second Best
Warehouse
$1.18M
$1.03M – $1.38M
NOI $82,528 @ 7.0% cap · market cap 2.95%
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
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Open Analytics
Current Use
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Three-building light-industrial property combines office space, warehouse facilities, and a shell building with secured yard access.
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; 2.14‑acre site with a 93,122.57 SF secured yard; Dedicated office building, warehouse, and additional warehouse shell
