Multi-Building Flex
For Sale
$300,000
13680 Laura Lane, El Paso, TX 79938
Commercial Sale, El Paso, TX
Property Size4,900 SF
Lot Size0.25 Acres
Price / SF$61.22
Days on Market180
Property Features for 13680 Laura Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Out of Area
Fireplace
1
Standard status
Active
APN
22PP00057493058
Lot size
0.25 Acres
Building Details
Floors in Building
1
Listing Agency:
Home Pros Real Estate Group
(915) 585-8806
Listed By:
Edgar A Galindo
(915) 799-6210
Added: Mar 19
Changed: Sep 4
Last Checked: Sep 14 at 11:06AM
MLS# 940634
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 flex property consists of multiple metal buildings arranged for varied commercial use. The improvements include two 30-by-60-foot buildings, one 30-by-30-foot building, and one 20-by-20-foot building. Current occupants include a mechanic shop and a carpentry operation, while the 20-by-20-foot building is vacant. The property is zoned Out of Area and is located at 13680 Laura Lane in El Paso.
Access is available to Montana and Zaragosa. The offering also includes the adjacent 0.25-acre property behind the site, which has a similar building layout and rent profile. Details for that additional property are associated with 13691 Emma Lane.
Access is available to Montana and Zaragosa. The offering also includes the adjacent 0.25-acre property behind the site, which has a similar building layout and rent profile. Details for that additional property are associated with 13691 Emma Lane.
Key Highlights
- Four metal buildings: two 30x60, one 30x30, and one 20x20
- Current uses include a mechanic shop and a carpenter
- 20x20 building is vacant
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
$23,312
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
7.77%
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%
$466,240
$466.2K
Cap Rate 7%
$333,029
$333.0K
Cap Rate 9%
$259,022
$259.0K
Market Conditions
NOI Build-Up for 4,900 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
$37.0K $7.56/SF
− Vacancy
−$3.7K −$0.76/SF
EGI
$33.3K $6.80/SF
− OpEx
−$10.0K −$2.04/SF
NOI
$23.3K $4.76/SF
Area
ZIP 79938
Vacancy
10.10%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
30.00%
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%
$466,240
Cap Rate 7%
$333,029
Cap Rate 9%
$259,022
Alternative Uses
Best Use
Retail
$661.5K
$578.8K – $771.8K
NOI $46,305 @ 7.0% cap · market cap 15.43%
Second Best
Flex RnD
$407.4K
$356.5K – $475.3K
NOI $28,519 @ 7.0% cap · market cap 9.51%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,051 @ 7.0% cap · market cap 28.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in El Paso, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-use property with metal buildings supporting automotive, carpentry, and additional commercial operations.
Where is this flex space located?
The property is located at 13680 Laura Lane El Paso, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Four metal buildings: two 30x60, one 30x30, and one 20x20; Current uses include a mechanic shop and a carpenter; 20x20 building is vacant
