601 Franklin St Liberty, TX 77575
Versatile property with renovated office, workshop, and fenced lots.
Property Features for 601 Franklin St
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Land
Listing office Boom Real Estate (832) 814-4070
Listing date Apr 11, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Versatile corner property spanning three lots with a 40x80 all‑metal building.
- Workshop with 24’ clear height and two bay doors for pull‑through access.
- Renovated interior office, break room, and bathroom (2021).
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 | $24.8k | $7.76 |
| − Vacancy | −$1.6k | −$0.49 |
| EGI | $23.3k | $7.27 |
| − OpEx | −$3.5k | −$1.09 |
| NOI | $19.8k | $6.18 |
