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    1109 Horizon Blvd El Paso, TX 79927

    For Sale
    $875,000

    5.44 Acres, Prime El Paso Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 5.44-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving El Paso, Texas market. Located at 1109 Horizon Blvd in Socorro, this property boasts 456 feet of frontage on a highly visible main thoroughfare, offering unparalleled exposure for any business. Its strategic location is just half a mile from the I-10/Gateway Blvd interchange, ensuring excellent accessibility and high traffic volume. The property is zoned C2 – General Commercial, allowing for a wide range of development possibilities. Surrounded by existing commercial development, this blank canvas is ideal for entrepreneurs seeking to establish a new venture or expand an existing operation. The 2023 property taxes were $5,946.00. The APN is S533000003003A0. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area with significant potential for future appreciation. The asking price for this prime commercial real estate is $875,000. The property's address is 1109 Horizon Blvd, Socorro, TX 79927. This is a truly remarkable opportunity to secure a prominent location in a dynamic and expanding market.

    Property Features for 1109 Horizon Blvd

    General Information

    Property type
    Land
    Lot Size
    236,966 SF

    HighLights

    • 456 feet of frontage on Horizon Blvd.
    • Less than half a mile to I‑10 and Gateway Blvd.
    • Located in a rapidly developing neighborhood.
    • 2023 property taxes: $5,946.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm Daycare Center Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.2494622962
    Latitude
    31.65652133637

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    FAQs

    What type of property is this?
    Land - 5.44 Acres, Prime El Paso Location
    Where is this land located?
    The property is located at 1109 Horizon Blvd El Paso, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 456 feet of frontage on Horizon Blvd.; Less than half a mile to I-10 and Gateway Blvd.; Located in a rapidly developing neighborhood.
    Request Owner's contact information
    1109 Horizon Blvd El Paso, TX 79927
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    El Paso, TX 79927
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    Realmo Value Estimation

    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.

    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.

    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
    1109 Horizon Blvd El Paso, TX 79927
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