16534 Peninsula St. — Sale in Houston, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Houston, TX 77015

Description

±63,538 SF for Lease on Houston Ship Channel Manufacturing Building + ±47,538 SF + Cranes » 63’ hook height » (1) 300-ton; (1) 250-ton with twin hoist » Crane over slip + 100’ Span + Building extends over barge slip + Heavy power + Rail spur into building WAREHOUSE BUILDING + ±16,000 SF + Metal building + Grade level + 14’ eave height + 5-ton crane + (3) grade doors + Sprinklered + Small office YARD + ±7.70 acres (total site) + ±250 linear feet PTRA rail spur + Fully concrete yard + Covered parking + Fully fenced WATERFRONT + ±800’ on Houston Ship Channel + Access to ±45’ water depth + ±390’ concrete bulkhead + ±413’ riprap + Sheetpile barge slip (under crane)

Market Context

This industrial in Houston, TX is listed for sale. It has been on the market for 196 days. Compare it against other industrial listings for sale in Houston, TX — view the full market.

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

Industrial market FAQ

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

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