1538 Pawling Dr Horizon City, TX 79928
For Sale
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This 3.5-acre commercial land parcel in Horizon City, Texas, presents a unique mixed-use development opportunity. Located at 1538 Pawling Dr, 79928, this fee-simple property is zoned for commercial use and offers significant potential for a variety of projects. The land is priced at $2,100,000, or $13 per square foot, reflecting its prime location near major thoroughfares providing easy access to El Paso and other key areas. The site benefits from its position within a rapidly growing area experiencing significant residential and commercial expansion, creating a strong demand for mixed-use and office spaces. The area boasts excellent demographics, including a high concentration of young families and professionals, ensuring a robust customer base for any development. Proximity to major retailers like Walmart, Lowe's, and Starbucks, along with numerous dining and service options, enhances visibility and convenience. The master-planned community offers ample parking and is designed to support a balanced mix of residential, retail, and office spaces. The property's location near major highways, including I-10, ensures convenient access for businesses and clients. Furthermore, the presence of green spaces and walking paths adds to the attractiveness of the location. This investment offers the flexibility to create a modern flex, mixed-use, or office project tailored to the evolving market demands, promising long-term growth and return on investment in a flourishing community. The property's strategic location and the area's rapid growth make this an exceptional opportunity for developers seeking a high-impact project in a thriving Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Horizon City, TXHorizon City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.