North Houston Fabrication
15112 Welcome Ln Houston, TX 77014
15112 Welcome Ln, Houston, TX, 77014
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For Sale
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Industrial fabrication facility with I-45 access on a large lot.
Property Size11,500 SF
Lot Size1.53 Acres
Price / SF$165.22
Days on Market178
Property Features for 15112 Welcome Ln
General Information
- Standard status
- Active
- Size
- 11,500 SF
- Lot size
- 1.53 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2014
Listing Agency
NAN AND COMPANY PROPERTIES
Listed by
Michelle Gomez · License #9003484
Source
Crexi
Added: Jan 21 Checked: Jul 17 at 4:06 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 NAN AND COMPANY PROPERTIES
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
Local Financial Insights For Industrial
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 | $103.5k | $9.00 |
| − Vacancy | −$10.9k | −$0.95 |
| EGI | $92.6k | $8.06 |
| − OpEx | −$27.8k | −$2.42 |
| NOI | $64.8k | $5.64 |
11,500 SF · lease $9.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$926.3K
$810.5K – $1.08M
NOI $64,843 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,000 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Texas Precision Machine ...
Industrial Manufacturer
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FAQs
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 $1,900,000.
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
