Renovated Warehouse with Fenced
15719 Seedling Dr Houston, TX 77032
15719 Seedling Dr, Houston, TX, 77032
Contact for pricing
For Sale
Contact for pricing
Renovated 2,000 SF warehouse with office, restroom, fenced yard.
Property Size2,000 SF
Price / SF$132.50
Days on Market123
Property Features for 15719 Seedling Dr
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1982
Listing Agency
RE/MAX SIGNATURE
(713) 202-3779
Listed by
Schuyler "Sky" Pulford · License #TX 391182
Source
Crexi
Added: Mar 17 Checked: Jul 17 at 3:11 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 RE/MAX SIGNATURE
Investment Insights
Based on property information with market context.
This is a 2,000 square foot renovated warehouse. It includes a small office and restroom. The property is fenced and gated, with lighting. It is located one block from Hardy and minutes from the North Beltway.
Key Highlights
- Renovated 2,000 sqft warehouse
- For lease at $2,250 p/mo or for sale at $265,000
- Fenced/Gated/Lighting
Local Financial Insights For Warehouse
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 | $19.2k | $9.60 |
| − Vacancy | −$1.9k | −$0.94 |
| EGI | $17.3k | $8.66 |
| − OpEx | −$2.6k | −$1.30 |
| NOI | $14.7k | $7.36 |
2,000 SF · lease $9.60/SF/yr · vacancy 9.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$210.3K
$184.0K – $245.4K
NOI $14,721 @ 7.0% cap · market cap 5.56%
Second Best
Industrial
$161.1K
$141.0K – $188.0K
NOI $11,277 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$514.3K
$450.0K – $600.0K
NOI $36,000 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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- United Rentals - Storage Containers and Mobile Offices — 814 Logandale Ln, Houston, TX 77032
FAQs
What type of property is this?
Warehouse - Renovated 2,000 SF warehouse with office, restroom, fenced yard.
Where is this warehouse located?
The property is located at 15719 Seedling Dr Houston, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Renovated 2,000 sqft warehouse; For lease at $2,250 p/mo or for sale at $265,000; Fenced/Gated/Lighting
