Building Details

Floors in Building 2

Listing Agency: Home Pros Real Estate Group p***@pennymoore.com Show Phone

Listed By: Edgar A Galindo Show Phone

Added: Aug 1 Changed: Oct 2 Last Checked: Oct 23 at 3:06AM

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MLS# 948680

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.

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Investment Insights

Based on property information with market context.

This flex space includes a 1,600-square-foot building on a flat 0.25-acre lot. The interior is arranged around two oversized open rooms and a ready-to-use kitchen, creating a practical configuration for operations that require adaptable indoor space. A wall furnace and fireplace are also present.

Located at 13662 Christy Avenue in El Paso, the property offers road visibility and vehicle access. The outdoor area can accommodate uses identified in the property information, including fleet parking, heavy equipment storage, outdoor events, a daycare facility, an event venue, a party rental operation, or a contractor office. Zoning is listed as Out of Area.

Key Highlights

• 1,600‑square‑foot building on a 0.25‑acre flat lot
• Two oversized open‑concept rooms provide flexible interior configuration
• Ready‑to‑use kitchen included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,312

Cap Rate

3.72%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$186,240 $186.2K

Cap Rate 7%

$133,029 $133.0K

Cap Rate 9%

$103,467 $103.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,600 SF

Gross rent

$15.9K $9.96/SF

− Vacancy

−$1.6K −$1.01/SF

EGI

$14.3K $8.95/SF

− OpEx

−$5.0K −$3.13/SF

NOI

$9.3K $5.82/SF

Area

ZIP 79938

Vacancy

10.10%

Lease Rate

$9.96 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$186,240

Cap Rate 7%

$133,029

Cap Rate 9%

$103,467

Alternative Uses

Best Use

Flex RnD

$133.0K

$116.4K – $155.2K (±1% cap)

NOI $9,312 @ 7.0% cap · market cap 3.72%

Second Best

Industrial

$108.7K

$95.2K – $126.9K (±1% cap)

NOI $7,612 @ 7.0% cap · market cap 3.04%

Theoretical Best

Office A

$401.4K

$351.2K – $468.3K (±1% cap)

NOI $28,098 @ 7.0% cap · market cap 11.24%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Garden Center Grocery & Convenience Store Bakery Electrical Service Cafe & Coffee Shop

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

149

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 79938, TX

96,353

Population

29,818

Households

3.2

Avg Household Size

29

Median Age

28%

College-Educated

85%

High-School Grad

390.2 sq mi

ZIP Area

247

Density / Sq Mi

$75,801

Median Household Income

$40,528

Median Earnings

$1,433

Median Rent

$199,700

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

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Frequently Asked Questions

What type of property is this?

Flex space - Adaptable commercial building with a kitchen, open interior areas, and usable outdoor space for vehicle access or business operations.

Where is this flex space located?

The property is located at 13662 Christy Avenue El Paso, TX.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 1,600‑square‑foot building on a 0.25‑acre flat lot; Two oversized open‑concept rooms provide flexible interior configuration; Ready‑to‑use kitchen included