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    150 Darrington Rd Horizon City, TX 79928-2533
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    Property profile & analytics

    150 Darrington Rd, Horizon City, TX 79928-2533

    View on Map
    • Strip malls
    • 7,200 SF
    • 0.88 lot acres
    Off-Market
    Property ID
    US82-6393215
    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.
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 150 Darrington Rd

    Year built
    2014
    Lot size
    0.88 lot acres
    Zone code
    C2C
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    C955-000-0010-0300
    APU
    C95500000100300

    Description

    This exceptional 4,800-square-foot retail space is ideally situated at 150 Darrington Rd in El Paso County, Colorado. Currently vacant and ready for immediate occupancy, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The building's generous 4,800 square feet offers ample space for a variety of retail concepts, allowing for flexible layout and design to suit individual needs. The property is zoned C-2, providing flexibility for a wide range of commercial uses. This zoning designation opens doors to various business opportunities, making it an attractive investment for entrepreneurs and established businesses alike. The property's location within El Paso County offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The single-tenant occupancy eliminates the complexities of multi-tenant management, providing a streamlined and efficient operational environment. This turnkey solution allows businesses to focus on their core operations without the burden of extensive renovations or property management issues. The property's size and zoning make it suitable for a diverse range of retail businesses, from boutiques and specialty stores to larger-scale retail operations. This presents a rare opportunity to establish a strong presence in a thriving market. Interested parties are encouraged to inquire promptly to secure this exceptional retail space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $525,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $622,000
      Market price range: $306k - $632k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $460,000
      Current use
      RETAIL STORES
      $910,000
      Change: +97% Conversion: Easy
      MEDICAL BUILDING
      $855,000
      Change: +85% Conversion: Difficult
      OFFICE BUILDING
      $765,000
      Change: +65% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Horizon City
    County
    El Paso
    State
    Texas
    Longitude
    -106.199
    Latitude
    31.6815
    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
    2023
    $23,175
    $240,455
    $467,297
    $707,752
    -
    $240,455
    $467,297
    $707,752

    Comparable in this City

    • Value Estimation by Request
      3,750 SF

      13500 Eastlake Blvd

      SHOPPING CENTER, STRIP CENTER
      13500 Eastlake Blvd, El Paso, TX 79928
      View Details
    • Value Estimation
      $670,000
      9,915 SF

      19021 Darrington Rd

      SHOPPING CENTER, STRIP CENTER
      19021 Darrington Rd, Horizon City, TX 79928-7534
      View Details
    • Value Estimation
      $730,000
      12,331 SF

      140 Kenazo Ave Ste I

      SHOPPING CENTER, STRIP CENTER
      140 Kenazo Ave Ste I, Horizon City, TX 79928-5418
      View Details
    • Value Estimation
      $535,000
      6,770 SF

      12101 Eastlake Blvd

      SHOPPING CENTER, STRIP CENTER
      12101 Eastlake Blvd, El Paso, TX 79928-7811
      View Details
    • Value Estimation by Request
      5,152 SF

      14260 Horizon Blvd

      SHOPPING CENTER, STRIP CENTER
      14260 Horizon Blvd, Horizon City, TX 79928-8597
      View Details
    • Value Estimation
      $985,000
      9,838 SF

      13496 Horizon Blvd

      SHOPPING CENTER, STRIP CENTER
      13496 Horizon Blvd, Horizon City, TX 79928-5813
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      High-Traffic Corner Lot in Horizon

      One-acre corner lot suitable for retail in Horizon City, TX.
      501 Darrington Rd, Horizon City, TX 79928
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      20,000 SF

      New Flex Office/Warehouse Facility

      20,000 sq ft flex space in Horizon City, TX.
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    Similar Nearby for Lease

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      Upscale Shopping Center Retail Spaces

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      Horizon City Shopping Center Space

      Retail and office spaces available in Horizon City shopping center.
      13791 Horizon Blvd, Horizon City, TX 79928
      View Details
    • $20 SF/Yr
      108,900 SF

      Horizon City Retail Space Available

      Retail space for lease near Super Walmart and national franchises.
      14010 Horizon Blvd, Horizon City, TX 79928
      View Details
    • $2,700 /Mo

      Horizon City Commercial Space Available

      Commercial space for lease in Horizon City, Texas.
      13791 Horizon Blvd, Horizon City, TX 79928
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    • Contact for pricing
      1,200 SF

      Retail Space on Horizon Blvd

      Retail space available for rent, totaling 1,200 square feet.
      14026 Horizon Blvd, El Paso, TX 79928
      View Details
    • $1,250 /Mo
      43,560 SF

      El Paso Commercial Space Available

      Commercial space for storage or business with parking in El Paso.
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      View Details
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    150 Darrington Rd
    Horizon City, TX 79928-2533
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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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    150 Darrington Rd, Horizon City, TX, 79928
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