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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Medical Office Space
14505 Horizon Blvd Horizon City, TX 79928-8564
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US82-9283165
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
WOOD
Total area
8,589 SF
Lot
1.16 ac (50,442 SF)
Zoning code
C1
APN
E074-000-001B-0100
UPID
US82-9283165
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
$590k
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$932k
Blend (final)
Blend
$905k
Owner & transaction history
Ajd Property Management LLC · 13 yrs held
Ajd Property Management LLC
since 2013
7 recorded transactions
Zoning & alternative use
C1 · Horizon City, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+45.7%
Commercial (general)
$1.3M
+22.7%
Auto repair, garage
$1.2M
+13.0%
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
$590,000
CAP Approach
CAP Return
Estimation
6%
$1,300,000
6.5%
$1,200,000
7%
$1,115,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,020,000
Current use
RESTAURANT
$1,485,000
Change: +46% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,250,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,155,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,085,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$910,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$105 / 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
$47,823
Tax year 2023
Assessed value
$1,512,306
Assessed 2023
Previous assessed
$1,512,306
+0.0% YoY
Effective rate
3.16%
On assessed value
Assessed land
$207,813
Assessed improvement
$1,304,493
Land market value
$207,813
Improvement market value
$1,304,493
Total market value
$1,512,306
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
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
8,589 SF
Lot
1.16 ac (50,442 SF)
Zoning code
C1
APN
E074-000-001B-0100
UPID
US82-9283165
Jurisdiction
EL PASO
Zoning & alternative use
C1 · Horizon City, TXZoning 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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$910,000
MEDICAL BUILDING Current
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
2008
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Ajd Property Management LLC
Entity
Mailing address
14505 HORIZON BLVD, EL PASO, TX 79928-8564
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2019
—
Horizon Physicians Props LLC
—
Deed
related
$1,100,000 · Gecu
Mar 25, 2013
—
Ajd Property Management LLC
Horizon Physicians Props LLC
Warranty Deed
$966,000 · Live Oak Bkg
—
—
Horizon Physicians Props LLC
—
Loan Modification
related
$1,284,000 · United Bk/el Paso Del Norte
—
—
Horizon Physicians Props LLC
—
Deed Of Trust
related
$1,100,000 · Gecu
—
—
Horizon Physicians Props LLC
—
Deed Of Trust
related
$1,284,000 · United Bk/el Paso Del Norte
—
—
Horizon Physicians Properties
—
Deed Of Trust
related
$110,000 · United Bk/el Paso Del Norte
—
—
Horizon Physicians Props LLC
—
Loan Modification
related
$547,502 · Compass Fsb
—
—
Horizon Physicians Props LLC
—
Loan Modification
related
—
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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