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    Property profile & analytics

    14521 Horizon Blvd Horizon City, TX 79928-8564

    • Medical Office Space
    • 32,666 SF
    • 17.96 lot acres
    OFF-MARKET
    Value Estimations
    $2,945,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4703786
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical Office Space

    Property Details for 14521 Horizon Blvd

    Year built
    2003
    Lot size
    17.96 lot acres
    Property size
    32,666 SF
    Zone code
    R2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    X578-000-3310-1130
    APU
    X57800033101130

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,244,000
      Market price range: $1.67M - $6.08M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,880,000
      Current use
      COMMERCIAL (GENERAL)
      $4,760,000
      Change: +23% Conversion: Easy
      AUTO REPAIR, GARAGE
      $4,385,000
      Change: +13% Conversion: Difficult
      RETAIL STORES
      $4,130,000
      Change: +6% Conversion: Difficult
      OFFICE BUILDING
      $3,460,000
      Change: -11% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Horizon City
    County
    El Paso
    State
    Texas
    Longitude
    -106.184
    Latitude
    31.6842
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $469,507
    $4,796,723
    $5,266,230
    -
    $469,507
    $4,796,723
    $5,266,230

    Comparable in this City

    • Value Estimation
      $1,695,000
      12,310 SF

      13472 Eastlake Blvd

      MEDICAL BUILDING • 12,310 SF
      13472 Eastlake Blvd, Horizon City, TX 79928-6320
      View Details
    • Value Estimation
      $905,000
      8,589 SF

      14505 Horizon Blvd

      MEDICAL BUILDING • 8,589 SF
      14505 Horizon Blvd, Horizon City, TX 79928-8564
      View Details
    • Value Estimation by Request
      1,610 SF

      400 Ascencion St

      MEDICAL BUILDING • 1,610 SF
      400 Ascencion St, El Paso, TX 79928-9107
      View Details
    • Value Estimation by Request
      4,638 SF

      14200 Ashford St

      MEDICAL BUILDING • 4,638 SF
      14200 Ashford St, Horizon City, TX 79928-6552
      View Details
    • Value Estimation by Request
      3,066 SF

      283 Darrington Rd

      MEDICAL BUILDING • 3,066 SF
      283 Darrington Rd, Horizon City, TX 79928
      View Details
    • Value Estimation by Request
      1,280 SF

      1431 Darrington Rd

      MEDICAL BUILDING • 1,280 SF
      1431 Darrington Rd, El Paso, TX 79928-7315
      View Details

    Similar Nearby for Sale

    • $675,000
      2,500 SF

      Horizon City Office Building

      Class A Office, 2,500 SF, $675,000
      1520 Oxbow Dr, Horizon City, TX 79928
      View Details
    • $1,200,000
      0.95 Acres

      Versatile Commercial Facility in El Paso

      Adaptable 12,588 sqft commercial building suitable for diverse uses.
      13633 Bachimba Dr, El Paso, TX 79928
      View Details
    • $1,059,000
      4,532 SF

      Texas Office Building - Net Lease

      AAA-Rated Tenant, Strong ROI
      15581 Horizon Blvd, Agua Dulce, TX 79928
      View Details
    • $1,100,000
      4,600 SF

      Horizon City Flex Space For Sale

      Class A Flex Space, Lease-to-Own Available
      1538 Pawling Dr, Horizon City, TX 79928
      View Details
    • $3,400,000
      14,000 SF

      El Paso Industrial Warehouse

      14,000 SF warehouse with offices on 10 acres.
      1001 Berryville St, El Paso, TX 79928
      View Details
    • $4,500,000
      20,000 SF

      1524 Pawling Dr

      Lifestyle centers • 20,000 SF
      1524 Pawling Dr, Horizon City, TX 79928
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      1,200 SF

      Updated Retail/Office Space Available

      Recently updated 1200 SF unit in growing Horizon City.
      287 S Darrington Rd, El Paso, TX 79928
      View Details
    • Contact for pricing
      8,634 SF

      El Paso Medical Office Space

      Prime Medical Office Building, El Paso, TX
      550 Peyton Rd, El Paso, TX 79928
      View Details
    • $22 SF/Yr
      2,500 SF

      Horizon City Office Building

      Modern Office Space, Prime Location
      1520 Oxbow Dr, Horizon City, TX 79928
      View Details
    • $18 SF/Yr
      20,000 SF

      Horizon City Flex Space

      Modern flex space, ideal for various businesses.
      1524 Pawling Dr, Horizon City, TX 79928
      View Details
    • $18 SF/Yr
      108,900 SF

      Horizon City Commercial Space Available

      High-visibility commercial space in a rapidly developing area.
      287 Darrington Rd, Horizon City, TX 79928
      View Details
    • $21 SF/Yr
      108,900 SF

      Horizon City Retail/Office Space

      Retail or office space available in Horizon City, Texas.
      287 S Darrington Rd, Horizon City, TX 79928
      View Details
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    14521 Horizon Blvd
    Horizon City, TX 79928-8564
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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