Flexible Multi-Level Commercial
For Sale
$1,200,000
13633 BACHIMBA Drive, El Paso, TX 79928
Commercial Sale, El Paso, TX
Property Size12,588 SF
Lot Size0.95 Acres
Price / SF$95.33
Days on Market249
Property Features for 13633 BACHIMBA Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Fireplace
1
Standard status
Active
APN
C74000000501000
Lot size
0.95 Acres
Taxes and HOA fees
Tax Description
5 COLONIA REVOLUCION LOT 10
Legal Description
5 COLONIA REVOLUCION LOT 10
Utilities
Utilities
Propane
Sewer type
Septic Tank
Building Details
Floors in Building
2
Building materials
Concrete, Block, Brick Veneer, Brick
Listing Agency:
The Right Move Real Estate Gro
(915) 253-1966
Listed By:
Maria Isabel Robles
(972) 387-0300
Added: Jan 5
Changed: Sep 4
Last Checked: Sep 11 at 12:06PM
MLS# 935919
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-level flex property contains 12,588 square feet on 0.95 acres. The lower level was configured for event-center use and provides substantial open space for gatherings, assemblies, showroom functions, training, or other large-format operations. Multiple private offices complement the building’s functional arrangement, while the upper level offers a broad open area that can be customized for a range of commercial, industrial, office, warehouse, distribution, showroom, educational, or medical applications.
Construction includes concrete, block, and brick veneer elements. The property is served by propane and a septic tank, with a fireplace also present. Located in El Paso, the facility offers an adaptable physical platform for an owner-user or investor seeking a configurable commercial asset.
Construction includes concrete, block, and brick veneer elements. The property is served by propane and a septic tank, with a fireplace also present. Located in El Paso, the facility offers an adaptable physical platform for an owner-user or investor seeking a configurable commercial asset.
Key Highlights
- 12,588‑square‑foot commercial facility on 0.95 acres
- Lower level previously configured as an event center
- Large open upper level suited to customization
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,143
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,442,860
$1.4M
Cap Rate 7%
$1,030,614
$1.0M
Cap Rate 9%
$801,589
$801.6K
Market Conditions
NOI Build-Up for 12,588 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$94.4K $7.50/SF
− Vacancy
−$9.5K −$0.76/SF
EGI
$84.9K $6.74/SF
− OpEx
−$12.7K −$1.01/SF
NOI
$72.1K $5.73/SF
Area
ZIP 79928
Vacancy
10.10%
Lease Rate
$7.50 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,442,860
Cap Rate 7%
$1,030,614
Cap Rate 9%
$801,589
Alternative Uses
Best Use
Warehouse
$1.03M
$901.8K – $1.20M
NOI $72,143 @ 7.0% cap · market cap 6.01%
Second Best
Flex RnD
$1.00M
$876.1K – $1.17M
NOI $70,085 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,077 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79928, TX
78,971
Population
24,841
Households
3.2
Avg Household Size
29
Median Age
24%
College-Educated
85%
High-School Grad
209.9 sq mi
ZIP Area
376
Density / Sq Mi
$73,704
Median Household Income
$37,406
Median Earnings
$1,145
Median Rent
$188,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in El Paso, TX
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Similar Off Market Nearby
- La Aurora Catering — 13601 Bachimba Dr, El Paso, TX 79928
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial building with private offices, expansive open areas, and a former event-center layout.
Where is this flex space located?
The property is located at 13633 BACHIMBA Drive El Paso, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 12,588‑square‑foot commercial facility on 0.95 acres; Lower level previously configured as an event center; Large open upper level suited to customization
