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

Industrial in Pasadena, TX

218 north preston avenue, pasadena, TX 77503

Price

Price on request

Description

±23,700 SF Available

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

Location

218 north preston avenue, pasadena, TX 77503

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 Pasadena, 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).