Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1777 Horizon Blvd El Paso, TX 79928

    • Land
    • 12.62 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1777 Horizon Blvd

    Lot size
    12.62 lot acres
    Property type
    Land

    Description

    This exceptional 12.62-acre commercial land parcel is located at 1777 Horizon Blvd, El Paso, Texas, 79928, in El Paso County. The property's APN is H79000000200010. This strategically located site presents a significant opportunity for developers seeking a substantial land holding in a thriving Texas market. The property is part of a larger 55-acre tract, offering potential for synergy or expansion. Detailed due diligence materials are readily available. Its precise coordinates are latitude 31.671685067136035 and longitude -106.23012094580609. The address is situated at a hard corner intersection of Horizon Blvd and Bowdoin, offering excellent visibility and accessibility. This significant acreage provides ample space for a wide range of commercial developments, catering to diverse business needs and maximizing investment potential. Interested parties are encouraged to review the comprehensive due diligence package for a complete understanding of this property's potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.23
    Latitude
    31.6717

    Comparable in this City

    • Value Estimation by Request
      8.48 Acres

      Horizon Blvd

      Land • 8.48 Acres
      0 Horizon Blvd, Clint, TX 79928
      View Details
    • Value Estimation by Request
      6.15 Acres

      Tbd Horizon Blvd

      Land • 6.15 Acres
      0 Tbd Horizon Blvd, Clint, TX 79928
      View Details
    • Value Estimation by Request

      13431 Gateway Blvd

      Land
      13431 Gateway Blvd, El Paso, TX 79928
      View Details
    • Value Estimation by Request
      5.00 Acres

      El Paso Natural Gas Maint Rd

      Land • 5.00 Acres
      0 El Paso Natural Gas Maint Rd, El Paso, TX 79928
      View Details
    • Value Estimation by Request
      5.00 Acres

      1008 Berryville St

      Land • 5.00 Acres
      1008 Berryville St, El Paso, TX 79928
      View Details
    • Value Estimation by Request
      2.00 Acres

      Neq Horizon & Darrington

      Land • 2.00 Acres
      0 Neq Horizon & Darrington, Horizon City, TX 79928
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.00 Acres

      Horizon City Commercial Land

      2-Acre C-1 Zoned Lot in Texas
      0 Neq Horizon & Darrington, Horizon City, TX 79928
      View Details
    • Contact for pricing
      9.33 Acres

      El Paso Commercial Land - 9.33 Acres

      Prime El Paso location, I-10 frontage, high visibility.
      0 Gateway Blvd, El Paso, TX 79928
      View Details
    • $2,100,000
      3.50 Acres

      Horizon City Development Land

      3.5-acre commercial lot, prime location
      1538 Pawling Dr, Horizon City, TX 79928
      View Details
    • Contact for pricing
      6.15 Acres

      El Paso Commercial Land Development

      6.15 Acres, I-10 Access, High Visibility
      0 Tbd Horizon Blvd, Clint, TX 79928
      View Details
    • Contact for pricing
      8.48 Acres

      Socorro, TX Commercial Land

      8.48 Acres Near I-10, High Growth
      0 Horizon Blvd, Clint, TX 79928
      View Details
    • $1,770,000
      2.19 Acres

      Horizon City Commercial Land

      2.19-Acre Commercial Lot, Prime Location
      14120 Horizon Blvd, Horizon City, TX 79928
      View Details

    Similar Nearby for Lease

    • $8,000 /Mo
      21,344 SF

      Horizon City Land For Rent

      0.49 acre lot near Ascencion St, Horizon City, TX
      3 Horizon City Est #9 Pl, Horizon City, TX 79928
      View Details
    • Contact for pricing

      Land For Rent El Paso

      Land available for rent in El Paso, Texas.
      12349 Pellicano Dr, El Paso, TX 79928
      View Details
    • Contact for pricing

      Horizon City Land For Rent

      Land available for rent in Horizon City, Texas.
      14999 Darrington Rd, Horizon City, TX 79928
      View Details
    • Contact for pricing

      Land For Rent El Paso

      Land available for rent in El Paso, Texas.
      12359 Pellicano Dr, El Paso, TX 79928
      View Details
    • Contact for pricing

      Land For Rent El Paso

      Land available for rent in El Paso, Texas.
      12371 Pellicano Dr, El Paso, TX 79928
      View Details
    • Contact for pricing
      711,970 SF

      El Paso Retail Center - For Lease

      Prime El Paso retail space, multiple units available.
      0 Nec Joe Battle & Pellicano, El Paso, TX 79928
      View Details
    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.
    1777 Horizon Blvd
    El Paso, TX 79928
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.