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Property profile & analytics
FOR SALE
Showrooms

1538 Pawling Dr Horizon City, TX 79928

19,004 SF 6.17 ac lot Built 1975
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-4827424
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1975
Total area 19,004 SF
Lot 6.17 ac (268,765 SF)
Zoning code C1
APN H791-001-0020-0030
UPID US82-4827424
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
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
$969k
Blend (final) Blend
$735k
Owner & transaction history
Horizon Oxbow Ventures LLC · 1 yrs held
Horizon Oxbow Ventures LLC
since 2024
6 recorded transactions
2025
Price N/A
2024
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Horizon City, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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