Search
Versatile Flex and Warehouse Building
For Sale
$1,200,000

13633 BACHIMBA Drive, El Paso, TX 79928

COMMERCIAL - El Paso, TX

Property Size12,588 SF
Lot Size0.95 Acres
Price / SF$95.33
Days on Market235

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
Listed By: Maria Isabel Robles · License #0543619
Added: Jan 5 Changed: Aug 4 Last Checked: Aug 28 at 9:06AM
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 versatile commercial facility offers approximately 12,588 square feet of flexible indoor space, suited to a range of commercial and industrial uses. The downstairs level was previously built as an event center, providing generous open space for gatherings, assemblies, showrooms, training facilities, or large-scale operations. The building also includes multiple private offices and a large open upper level that can serve as a blank canvas for customization.

Located at 13633 BACHIMBA Drive in El Paso, Texas, the property sits on approximately 0.95 acres. The configuration supports a variety of approaches, including warehouse and industrial or distribution use, office headquarters, furniture showroom, or a medical center setting, depending on the end user’s requirements.

Key Highlights

  • 12,588 sq ft versatile commercial building suitable for diverse uses (event center, warehouse, office, etc.).
  • Adaptable configuration allows for efficient operations, expansion, or creative redevelopment.
  • Large open downstairs level previously built as an event center, ideal for gatherings or large‑scale operations.**

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 (±1% cap)
NOI $72,143 @ 7.0% cap · market cap 6.01%
Second Best
Flex RnD
$1.00M
$876.1K – $1.17M (±1% cap)
NOI $70,085 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M (±1% cap)
NOI $154,077 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby
Well-served
Demand for This Use

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

6.4% 2019
5.6% 2020
3.7% 2021
2.7% 2022
6.7% 2023
12.2% 2024
12.8% 2025
Rey
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 - Two-level commercial building with open event-style space, private offices, and a large upper level for customization.
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 sq ft versatile commercial building suitable for diverse uses (event center, warehouse, office, etc.).; Adaptable configuration allows for efficient operations, expansion, or creative redevelopment.; Large open downstairs level previously built as an event center, ideal for gatherings or large‑scale operations.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message