Property profile

1111 Horizon Blvd El Paso, TX 79927

FOR SALE
Strip malls
Property ID
US82-3717730
3,610 SF 1.99 ac lot Built 1988
Individually Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Located at 1111 Horizon Boulevard in El Paso, Texas, this retail/commercial site consists of multiple commercial spaces on a parcel that includes available utilities (water and electricity) and a septic tank. The listing notes that certain MUD-related details require verification and that a mobile home located on the property does not convey. Public remarks indicate the commercial spaces were completed without city permits, so construction/approval documentation and permit history require verification. The property is described as being minutes from the Zaragoza International Bridge; however, frontage, access points, and nearby tenancy details are not provided and would need confirmation. The property is identified as having C-2 zoning, which may allow a range of commercial uses, but the specific permitted uses and compliance requirements should be verified with the appropriate authorities. The property is also subject to verification of flood-zone status and other zoning or permitting conditions, and any stated square footage figures should be confirmed during due diligence.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction CONCRETE BLOCKS
Total area 3,610 SF
Lot 1.99 ac (86,902 SF)
APN X293-000-L00A-0160
UPID US82-3717730

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Auto Repair Shop
  • Big Box & Wholesale Store Building Supply
  • Restaurant
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

1111 Horizon Blvd El Paso, TX 79927
El Paso metro Census 10346 EL PASO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2011
5 recorded transactions
2020
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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