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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Showrooms
381 Darrington Rd Horizon City, TX 79928-7452
Entity Owned
7-yr Hold
Free & Clear
Property ID
US83-3902964
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Total area
49,578 SF
Lot
8.25 ac (359,370 SF)
Zoning code
M1
APN
H789-000-0020-0040
UPID
US83-3902964
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
Bp Ventures LLC · 7 yrs held
Bp Ventures LLC
since 2019
7 recorded transactions
Zoning & alternative use
M1 · Horizon City, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / 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
$35,314
Tax year 2023
Assessed value
$1,116,740
Assessed 2023
Previous assessed
$1,116,740
+0.0% YoY
Effective rate
3.16%
On assessed value
Assessed land
$269,528
Assessed improvement
$847,212
Land market value
$269,528
Improvement market value
$847,212
Total market value
$1,116,740
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
NONE
Stories
1
Total area
49,578 SF
Lot
8.25 ac (359,370 SF)
Zoning code
M1
APN
H789-000-0020-0040
UPID
US83-3902964
Jurisdiction
EL PASO
Zoning & alternative use
M1 · Horizon City, TXZoning M1 · permitted uses
M1 · Horizon City, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.25 ac
Current owner
From public records · entity-resolved
Bp Ventures LLC
Entity
Free & Clear · 7 yrs held
Mailing address
11090 GTWY BLVD E, EL PASO, TX 79927-8703
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2019
—
Bp Ventures LLC
Medt LLC
Grant Deed
related
—
Mar 3, 2017
—
Medt LLC
—
Deed
related
$350,000 · United Bk/el Paso Del Norte
Jan 23, 2012
—
Medt LLC
Ib Property Holdings LLC
Grant Deed
$393,750 · United Bank El Paso Del Norte
Apr 12, 2010
—
Ib Property Holdings LLC
Nation Charles T
Trustees Deed
related
—
Mar 31, 2005
—
Graciano Diosdado
Fox,jack R
Warranty Deed
$902,500 · Jack R Fox
Nov 18, 1997
—
Deschutes Account
Ray S Lobb Trustee
Quit Claim Deed
related
—
—
—
Medt LLC
—
Deed Of Trust
related
$250,000 · United Bk/el Paso Del Norte
—
—
Graciano Diosdado
—
Deed Of Trust
related
$896,000 · Interbay Funding LLC
—
—
Medt LLC
—
Deed Of Trust
related
$562,000 · United Bank El Paso Del Norte
—
—
Medt LLC
—
Deed Of Trust
related
$968,000 · United Bank El Paso Del Norte
—
—
Medt LLC
—
Loan Modification
related
$350,000 · United Bk/el Paso Del Norte
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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