What is the typical cap rate for industrial in Houston?

About 7.8% as of Q1 2026, per multiple brokerages.

Is the Houston industrial market tightening or softening?

Vacancy is around 8.0% (Q1 2026).

Industrial

+/-192,984 SF Spec Office/Warehouse

+/-192,984 sf spec office/warehouse, houston, TX 77038

Price

Price on request

Description

+/-192,984 SF Spec Office/Warehouse +/-12.66 Acres Tiltwall Construction Build-to-Suit Dock-High & Front-Load Configuration 32' Clear Height ESFR Sprinkler System 47 Dock-High Doors 52' x 93' Column Spacing 60' Speed Bay

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

+/-192,984 sf spec office/warehouse, houston, TX 77038

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Houston industrial market showed a 8.0% vacancy rate, average asking rents near $10.00/SF/yr, and cap rates around 7.8%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

high confidence

Projected asking rent

$10.00/SF/yr

Estimated sale value

$85–$104/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.8%, asking rent held flat).

View the full Houston Industrial market report →

Compare it against other industrial listings for sale in Houston, TX to benchmark pricing and space — view the full market.

Industrial market FAQ

What is the typical cap rate for industrial in Houston?: About 7.8% as of Q1 2026, per multiple brokerages.
Is the Houston industrial market tightening or softening?: Vacancy is around 8.0% (Q1 2026).

Unified Estimate

Medium Confidence

$7.79/SF-$10.53/SF

Mid: $9.16/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallbackFIPS 32003

Low Confidence

Avg Rent ($/SF/yr) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.