Office/Warehouse Flex
3443 LORNE Road El Paso, TX 79925
3443 LORNE Road, El Paso, TX, 79925
$249,000
For Sale
$249,000
COMMERCIAL - El Paso, TX
Property Size3,400 SF
Lot Size0.28 Acres
Price / SF$73.24
Days on Market87
Property Features for 3443 LORNE Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Fireplace
- 1
- Standard status
- Active
- APN
- X580999239A1510
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 80 TSP 2 SEC 39 T & P SURV TR 1-K-1 (0.2762 AC)
- Tax Annual Amount
- 6453
Utilities
- Heating system
- Natural Gas
Building Details
- Floors in Building
- 1
- Building materials
- Block
Listing Agency
Steve Shapiro, REALTOR
(915) 203-2334
1931 Myrtle Avenue, El Paso, TX
Listed by
Steve G Shapiro · License #0609822
(915) 203-2334
Added: Apr 25 Updated: Jul 13 at 1:25 pm Checked: Jul 20 at 8:06 pm
MLS# 942814
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 for-sale flex building offers a total building size of 3,400 SF on a 12,000 SF lot and is split into two separate areas. The left-hand side totals 1,400 SF, while the right-hand side totals 2,000 SF and includes a 10 x 7 roll-up door.
The property is zoned C-1 and was formerly used as an art gallery. It features plenty of on-site parking and is described as being located close to Montana and McRae, next to Buddy’s Beer Barn.
The building needs HVAC, electrical, and plumbing to be brought up to operational condition. It is suited for an owner/user looking for an office or office/warehouse setup within a single C-1 property.
The property is zoned C-1 and was formerly used as an art gallery. It features plenty of on-site parking and is described as being located close to Montana and McRae, next to Buddy’s Beer Barn.
The building needs HVAC, electrical, and plumbing to be brought up to operational condition. It is suited for an owner/user looking for an office or office/warehouse setup within a single C-1 property.
Key Highlights
- 3,400 SF building on a 12,000 SF lot, zoned C‑1
- On‑site parking available
- Former art gallery; well suited for an office or office/warehouse user
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.9k | $9.96 |
| − Vacancy | −$3.4k | −$1.01 |
| EGI | $30.4k | $8.95 |
| − OpEx | −$10.7k | −$3.13 |
| NOI | $19.8k | $5.82 |
3,400 SF · lease $9.96/SF/yr · vacancy 10.10% · expense 35.00%
Alternative Uses
Best Use
Office B
$614.8K
$538.0K – $717.3K
NOI $43,039 @ 7.0% cap · market cap 17.28%
Second Best
Flex RnD
$282.7K
$247.4K – $329.8K
NOI $19,788 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$853.0K
$746.4K – $995.2K
NOI $59,709 @ 7.0% cap · market cap 23.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Major Destruction
Electronics & Wireless Store
Cosmic and Grounded Art ...
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - C-1 zoned flex building with two sides, including a 10x7 roll-up door, plus ample on-site parking.
Where is this flex space located?
The property is located at 3443 LORNE Road El Paso, TX.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 3,400 SF building on a 12,000 SF lot, zoned C‑1; On‑site parking available; Former art gallery; well suited for an office or office/warehouse user
