Welding and Repair Shop with Roll-Up
10806 Fm 1570 Greenville, TX 75402
New
10806 Fm 1570, Greenville, TX, 75402
$1,350,000
For Sale
$1,350,000
Welding shop with two 14' roll-up doors, 24' interior height, and attached storage plus a 2/1 home.
Property Size3,700 SF
Price / SF$364.86
Days on Market4
Property Features for 10806 Fm 1570
General Information
- Standard status
- Active
- Size
- 3,700 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing Agency
Century 21 First Group
(903) 268-3045
Listed by
Lq Marshall · License #0592977
(903) 268-3045
Source
Cuddrealtyinc
Added: Jul 18 Updated: Jul 19 at 1:37 am Checked: Jul 20 at 4:43 am
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 Century 21 First Group
Investment Insights
Based on property information with market context.
This sale includes a dedicated welding and repair shop and the business assets. The shop area measures 62' x 50' (about 3,100 sq. ft.) with a 24' interior height, built on a slab foundation with a reinforced 20' x 20' section designed for heavy equipment and machinery using 5' thick concrete. The space is insulated with fluorescent lighting and has two 14' roll-up doors. Three-phase power is available.
Attached to the shop is a 600 sq. ft. storage area with a one-half bath. All inventory and welding equipment, tools, and related items convey with the property, and there is also a storage container outside. In addition to the shop, the property includes a 2 bed, 1 bath home (approximately 800 sq. ft.) with a one-car attached carport. The home has separate utilities, septic, and a 911 address, and there is a long-time tenant in place who would like to remain.
Attached to the shop is a 600 sq. ft. storage area with a one-half bath. All inventory and welding equipment, tools, and related items convey with the property, and there is also a storage container outside. In addition to the shop, the property includes a 2 bed, 1 bath home (approximately 800 sq. ft.) with a one-car attached carport. The home has separate utilities, septic, and a 911 address, and there is a long-time tenant in place who would like to remain.
Key Highlights
- 1980‑built welding shop/repair facility with 62' x 50' shop area (3,100 SF) and 24' interior height.
- Reinforced slab foundation with a 20' x 20' area using 5' thick concrete for heavy equipment and machinery.
- Two 14' roll‑up doors, insulated shop, fluorescent lighting, and 3‑phase power available.
Local Financial Insights For Retail
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 | $89.2k | $24.12 |
| − Vacancy | −$4.2k | −$1.13 |
| EGI | $85.0k | $22.99 |
| − OpEx | −$25.5k | −$6.90 |
| NOI | $59.5k | $16.09 |
3,700 SF · lease $24.12/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.68M
$3.22M – $4.29M
NOI $257,358 @ 7.0% cap · market cap 19.06%
Second Best
Retail
$850.5K
$744.2K – $992.3K
NOI $59,535 @ 7.0% cap · market cap 4.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Welding shop with two 14' roll-up doors, 24' interior height, and attached storage plus a 2/1 home.
Where is this manufacturing property located?
The property is located at 10806 Fm 1570 Greenville, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 1980‑built welding shop/repair facility with 62' x 50' shop area (3,100 SF) and 24' interior height.; Reinforced slab foundation with a 20' x 20' area using 5' thick concrete for heavy equipment and machinery.; Two 14' roll‑up doors, insulated shop, fluorescent lighting, and 3‑phase power available.
