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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Outlet malls
14481 Horizon Blvd Horizon City, TX 79928-8598
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-2833610
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2004
Total area
6,795 SF
Lot
0.51 ac (22,216 SF)
Zoning code
C1
APN
E072-000-0010-03C0
UPID
US82-2833610
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
$420k
CAP Approach
CAP
$950k
Comparable Approach
Comparable
$702k
Blend (final)
Blend
$690k
Owner & transaction history
J O Partners II LP · 6 yrs held
J O Partners II LP
since 2020
7 recorded transactions
Zoning & alternative use
C1 · Horizon City, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$990,000
+15.3%
Auto repair, garage
$910,000
+6.2%
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
$420,000
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$950,000
7%
$880,000
Alternative Use
Use
Estimation
RETAIL STORES
$860,000
Current use
COMMERCIAL (GENERAL)
$990,000
Change: +15% · Conversion: Easy
AUTO REPAIR, GARAGE
$910,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$805,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$720,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$102 / 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
$21,162
Tax year 2023
Assessed value
$669,206
Assessed 2023
Previous assessed
$669,206
+0.0% YoY
Effective rate
3.16%
On assessed value
Assessed land
$113,307
Assessed improvement
$555,899
Land market value
$113,307
Improvement market value
$555,899
Total market value
$669,206
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Stories
1
Total area
6,795 SF
Lot
0.51 ac (22,216 SF)
Zoning code
C1
APN
E072-000-0010-03C0
UPID
US82-2833610
Jurisdiction
EL PASO
Zoning & alternative use
C1 · Horizon City, TX
Zoning C1 · permitted uses
C1 · 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
RETAIL STORES Current
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$990,000
AUTO REPAIR, GARAGE
Est. value
$910,000
MEDICAL BUILDING
Est. value
$805,000
OFFICE BUILDING
Est. value
$720,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2004
Heating
FORCED AIR
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
J O Partners II LP
Entity
Mailing address
123 S FRNT ST, MEMPHIS, TN 38103-3607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2020
—
J O Partners II LP
—
Deed
related
$870,834 · City Bk
Mar 7, 2019
—
Jo Partners II LP
—
Deed Of Trust
related
$904,000 · City Bk
Feb 15, 2018
—
Jo Partners II LP
—
Deed
related
$577,975 · City Bk
Mar 8, 2017
—
J O Partners II LP
—
Deed
related
$617,726 · City Bk
—
—
Jo Partners II LP
—
Loan Modification
related
$182,634 · City Bk/tx
—
—
J O Partners II LP
—
Loan Modification
related
$870,834 · City Bk
—
—
Jo Partners LP II
—
Loan Modification
related
$200,000 · City Bank Texas
—
—
Jo Partners II LP
—
Loan Modification
related
$692,028 · City Bk/tx
—
—
J O Partners II LP
—
Loan Modification
related
$617,726 · City Bk
—
—
Jo Partners II LP
—
Loan Modification
related
$577,975 · City 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.
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