New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,340,000
Medical Office Space
13600 Horizon Blvd, Horizon City, TX 79928-5923
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-9142824
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Total area
20,477 SF
Lot
7.76 ac (338,026 SF)
Zoning code
C2
APN
H772-000-0010-0100
UPID
US82-9142824
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
$2.86M
Comparable Approach
Comparable
$3.81M
Blend (final)
Blend
$3.34M
Owner & transaction history
Fmn Land LLC · 5 yrs held
Fmn Land LLC
since 2021
4 recorded transactions
Zoning & alternative use
C2 · Horizon City, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.6M
+88.7%
Restaurant
$3.5M
+45.7%
Commercial (general)
$3.0M
+22.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Horizon City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horizon City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,100,000
6.5%
$2,860,000
7%
$2,655,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,430,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,590,000
Change: +89% · Conversion: Moderate
RESTAURANT
$3,545,000
Change: +46% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,985,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,750,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$2,590,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$2,170,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$3.34M
Range $3.01M – $3.67M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$163 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$499,450
Tax year 2023
Assessed value
$15,252,887
Assessed 2023
Previous assessed
$15,252,887
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$2,028,154
Assessed improvement
$13,224,733
Land market value
$2,028,154
Improvement market value
$13,224,733
Total market value
$15,252,887
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Heating
YES
Cooling
YES
Stories
1
Total area
20,477 SF
Lot
7.76 ac (338,026 SF)
Zoning code
C2
APN
H772-000-0010-0100
UPID
US82-9142824
Jurisdiction
EL PASO
Zoning & alternative use
C2 · Horizon City, TX
Zoning C2 · permitted uses
C2 · Horizon City, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Horizon City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.2M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
YES
Cooling
Yes
Stories
1
Lot
7.76 ac
Current owner
From public records · entity-resolved
Fmn Land LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2915 W BITTERS RD STE #301, SAN ANTONIO, TX 78248-1217
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2021
—
Fmn Land LLC
Scf Rc Funding IV LLC
Special Warranty Deed
—
Oct 22, 2019
—
Scf Rc Funding IV LLC
318 Horizon Venture LLC
Grant Deed
related
—
Feb 15, 2019
—
318 Horizon Venture LLC
—
Deed
related
$14,750,000 · Synovus Bk
—
—
318 Horizon Venture LLC
—
Deed Of Trust
related
$14,750,000 · Synovus Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 13600 Horizon Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
