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Property profile & analytics
FOR SALE
Strip malls

13496 Horizon El El Paso, TX 79928

9,838 SF 2.26 ac lot Built 1992
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0516118
13496 Horizon El, El Paso, TX 79928 For Sale
$985,000 9,838 SF
13496 Horizon El, El Paso, TX 79928
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Property summary
AI-generated overview

This exceptional 20,288 square foot multi-tenant retail and office property, built in 2021, is strategically located at 13496 Horizon Blvd in El Paso County. The property boasts four buildings on a 3.29-acre lot, offering a total of seven suites, with flexible space options ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,200 square feet. Currently, four spaces are available for lease. The property is classified as Class B and features single-story buildings with Commercial zoning. Its prime location at the corner of Horizon Blvd and Ellsworth Dr. offers high visibility and accessibility. The center benefits from its proximity to major healthcare facilities, including The Hospitals of Providence Horizon City Campus, and is less than a mile from a thriving commercial area anchored by national retailers such as Walmart, Panda Express, and McDonald's. This high-traffic area is further enhanced by its location across from a golf course and is surrounded by burgeoning residential developments in the rapidly growing Horizon City. This presents a unique opportunity for businesses seeking exposure in a dynamic and expanding community. The property's multiple suite configuration provides flexibility for a variety of tenants.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1992
Construction WOOD
Total area 9,838 SF
Lot 2.26 ac (98,489 SF)
APN H790-000-0100-001A
UPID US82-0516118
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$873k
Blend (final) Blend
$985k
Owner & transaction history
Shun L Sin · 18 yrs held
Shun L Sin
since 2007
3 recorded transactions
2024
Price N/A
2007
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.4M +122.4%
Auto repair, garage $1.3M +104.9%
Retail stores $1.2M +92.9%
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More about this property
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