14150 Horizon BlvdHorizon City, TX 79928

Property Details for 14150 Horizon Blvd

Year built

1994

Lot size

0.46 AC

Property size (Sq ft)

725 SF

Zone code

C1

Property type

Drive through restaurants

APN

H791-001-0130-0050

APU

H79100101300050

Description

This exceptional 20,255 square foot commercial lot presents a unique investment opportunity in the rapidly expanding Horizon City, Texas. Located at 14150 Horizon Blvd, this single-tenant property boasts a highly visible corner lot with convenient access and egress, ideal for a quick-service restaurant (QSR) or similar fast-food establishment. The property features a permitted C-1 zoning classification, ensuring flexibility for various commercial uses. Built in 2018, the single-story building sits on a sizable parcel (APN: H79100101300050) in El Paso County, zip code 79928. Horizon City's remarkable growth trajectory is evident in the numerous recent commercial and residential developments, further enhanced by the forthcoming construction of a new hospital by The Hospitals of Providence. This strategic location offers unparalleled exposure and accessibility, making it an attractive proposition for businesses seeking to capitalize on the area's burgeoning population and economic activity. The property's prime location and favorable zoning make it an exceptional investment opportunity for discerning buyers. This is a rare chance to secure a foothold in one of El Paso County's most dynamic and promising markets.

• CAP approach

  CAP return

  Valuation

  6%

  $81,881.40

  6.5%

  $75,582.80

  7%

  $70,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $125,466

  Geo Method

  $125,466

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $147,047

  Mixed-Use / Specialty

  $75,453.60

  Hospitality / Lodging

  $55,540.50

  Office

  $75,151.40

  Institutional / Educational

  $78,491.40

  Residential Income

  $91,835

  Multifamily

  $109,364

  Automotive / Energy

  $67,278.40

  Parking / Income-Based Land

  $23,078.40

  Restaurant / Food Service

  $39,543.30

  Healthcare / Senior Housing

  $77,232.40

Location Insight

City

Horizon City

County

El Paso

State

Texas

Latitude

31.6823

Longitude

-106.192

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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