Liberty Storage Facility For
1609 Lakeland Drive, Liberty, TX 77575
2-acre storage facility with expansion potential in Liberty, Texas.
Type:Land or Vacant Lot
Property size:
2,400 SFLot size:
2.00 AcresPrice / SF:
$164/SF- Added:
- Apr 9, 2026
- Days on Market:
- 53
- Last Refresh:
- Apr 9 at 8:31 pm
Property Features for 1609 Lakeland Drive
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 2.00 Acres
- Property subtype
- Land or Vacant Lot
Listing agent JUAN SANCHEZ License #0520895
Listing office SENDERO REAL ESTATE (281) 407-0601
Listing date Apr 9, 2026
Source Corcoran
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 SENDERO REAL ESTATE
HighLights
- Existing storage facility with 32 units and additional warehouse and office buildings.
- Approved civil construction drawings for expansion, including three proposed storage buildings totaling 6,800 SF.
- Potential for additional storage building of up to 2,800 SF in lieu of proposed outdoor parking.
- Located on 2 acres in the City of Liberty.
- Fully fenced with automated gate entry and secure pin pad access.
- Currently run remotely.
Overview
This 2-acre storage facility is located in the City of Liberty. The property includes two existing self-storage buildings with a total of 32 units. Additionally, there is a recently constructed 2,400 square foot shell warehouse building and a 900 square foot stand-alone office building. Fully approved civil construction drawings are available for an expansion that includes three proposed storage buildings totaling 6,800 square feet. There is also a proposed outdoor parking area that could be replaced with a proposed fourth storage building as large as 2,800 square feet. The property is fully fenced and features an automated gate entry with secure pin pad access. The facility is currently being run remotely.
Local Financial Insights For Self Storage
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 | $34.6k | $14.40 |
| − Vacancy | −$1.7k | −$0.72 |
| EGI | $32.8k | $13.68 |
| − OpEx | −$9.8k | −$4.10 |
| NOI | $23.0k | $9.58 |
2,400 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$328.3K
$287.3K – $383.0K
NOI $22,982 @ 7.0% cap · market cap 5.82%
Second Best
Warehouse
$211.9K
$185.4K – $247.2K
NOI $14,833 @ 7.0% cap · market cap 3.76%
Theoretical Best
Multifamily LT 5
$26.91M
$23.54M – $31.39M
NOI $1,883,529 @ 7.0% cap · market cap 476.84%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Self storage facilities
Location Insight
- Map
- Local Demand
- City
- Liberty
- County
- Liberty
- State
- Texas
- Longitude
- -94.78444
- Latitude
- 30.068165
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - 2-acre storage facility with expansion potential in Liberty, Texas.
Where is this self storage facility located?
The property is located at 1609 Lakeland Drive Liberty, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Existing storage facility with 32 units and additional warehouse and office buildings.; Approved civil construction drawings for expansion, including three proposed storage buildings totaling 6,800 SF.; Potential for additional storage building of up to 2,800 SF in lieu of proposed outdoor parking.
