North Houston Fabrication
For Sale
Contact for pricing
15112 Welcome Ln, Houston, TX 77014
Industrial fabrication facility with I-45 access on a large lot.
Property Size11,500 SF
Lot Size1.53 Acres
Price / SF$163.04
Days on Market271
Property Features for 15112 Welcome Ln
General Information
Standard status
Active
Size
11,500 SF
Class
B
Lot size
1.53 Acres
Property subtype
Industrial
Building Details
Year Built
2014
Buildings
1
Stories
1
Units
1
Listing Agency:
NAN AND COMPANY PROPERTIES
Listed By:
Michelle Gomez · License #9003484
Source:
Crexi
Added: Jan 21
Changed: Oct 12
Last Checked: Oct 19 at 6:18AM
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 NAN AND COMPANY PROPERTIES
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Investment Insights
Based on property information with market context.
This industrial fabrication facility, constructed in 2014, is located in North Houston and provides access to Interstate 45. The building has a total area of approximately 11,500 square feet and is situated on a 66,500 square foot lot. The property includes around 1,000 square feet of office space and approximately 10,500 square feet of workshop and fabrication area. The fabrication area features an open floor plan designed for heavy industrial use. The structure is supported by an 8-inch-thick reinforced concrete foundation on 15-foot piers. The site provides truck access, efficient circulation, and a designated detention area. The yard allows for outdoor storage and operational flexibility. It is suitable for fabrication shops, light manufacturing, industrial contractors, or owner-users seeking a turnkey facility. The property is currently an active business. Please allow a minimum of 24 hours’ notice for all showings. All tours must be accompanied by the listing agents. Building and land only — interior contents, cranes, and machinery are excluded from the sale.
Key Highlights
- Excellent I‑45 Access in North Houston
- ±11,500 SF Well‑Maintained Industrial Fabrication Facility Built in 2014**
- Generous ±66,500 SF Lot with Ample Room for Expansion and Outdoor Storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,843
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,296,860
$1.3M
Cap Rate 7%
$926,329
$926.3K
Cap Rate 9%
$720,478
$720.5K
Market Conditions
NOI Build-Up for 11,500 SF
Gross rent
$103.5K $9.00/SF
− Vacancy
−$10.9K −$0.95/SF
EGI
$92.6K $8.06/SF
− OpEx
−$27.8K −$2.42/SF
NOI
$64.8K $5.64/SF
Area
Houston, TX
Vacancy
10.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,296,860
Cap Rate 7%
$926,329
Cap Rate 9%
$720,478
Alternative Uses
Best Use
Industrial
$926.3K
$810.5K – $1.08M
NOI $64,843 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,000 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
Demographics for 77014, TX
35,161
Population
13,166
Households
2.7
Avg Household Size
32
Median Age
22%
College-Educated
81%
High-School Grad
7.2 sq mi
ZIP Area
4,883
Density / Sq Mi
$54,456
Median Household Income
$34,192
Median Earnings
$1,220
Median Rent
$213,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Houston, TX
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial fabrication facility with I-45 access on a large lot.
Where is this manufacturing property located?
The property is located at 15112 Welcome Ln Houston, TX.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Excellent I‑45 Access in North Houston; ±11,500 SF Well‑Maintained Industrial Fabrication Facility Built in 2014**; Generous ±66,500 SF Lot with Ample Room for Expansion and Outdoor Storage
