3443 LORNE Road El Paso, TX 79925
COMMERCIAL - El Paso, TX
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 agent Steve G Shapiro License #0609822 (915) 203-2334
Listing office Steve Shapiro, REALTOR 1931 Myrtle Avenue, El Paso, TX (915) 203-2334
Listing date Apr 25, 2026
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.
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 |
