Flex Warehouse with Open Upper
For Sale
$1,200,000
13633 BACHIMBA Drive, El Paso, TX 79928
12,588 SF flex/warehouse with multiple private offices and a large open upper area for adaptable commercial use.
Property Size12,588 SF
Price / SF$95.33
Days on Market480
Property Features for 13633 BACHIMBA Drive
General Information
Standard status
Active
Size
12,588 SF
Property subtype
General Commercial
Building Details
Stories
2
Listed By:
The Right Move Real Estate Gro
(915) 253-1966
Source:
Xome
Added: May 11, 2025
Changed: Sep 1
Last Checked: Sep 1 at 3:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Right Move Real Estate Gro
Investment Insights
Based on property information with market context.
For sale is a versatile 12,588-square-foot flex/warehouse facility situated on under one acre. The building offers a functional, adaptable layout that can support a variety of commercial and industrial needs. The downstairs level was previously built as an event center, providing generous open space that can be used for gatherings, assemblies, showrooms, training facilities, or large-scale operations. Multiple private offices are also included, along with a large open upper level that serves as a blank canvas for customization.
The property is located at 13633 Bachimba Drive in El Paso, Texas (79928). The configuration supports a range of uses described in the listing, including warehouse, industrial or distribution use, office headquarters, furniture showroom, and medical center, in addition to event center and multi-purpose facility scenarios.
The property is located at 13633 Bachimba Drive in El Paso, Texas (79928). The configuration supports a range of uses described in the listing, including warehouse, industrial or distribution use, office headquarters, furniture showroom, and medical center, in addition to event center and multi-purpose facility scenarios.
Key Highlights
- 12,588 SF commercial facility with flexible layout for commercial and industrial uses
- Building located on under one acre of land
- Downstairs level previously built as an event center with generous open space
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
Property Profile
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
Market
Vacancy Rate% for Industrial in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - 12,588 SF flex/warehouse with multiple private offices and a large open upper area for adaptable commercial use.
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 SF commercial facility with flexible layout for commercial and industrial uses; Building located on under one acre of land; Downstairs level previously built as an event center with generous open space
