Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Warehouses on Acreage Title is generated by Realmo AI

    86 FM 770, Liberty, TX 77575

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $399,500

    Three warehouse buildings on 1.05 acres in Liberty, Texas.

    Type:Commercial/Industrial
    Property size:
    5,276 SF
    Lot size:
    1.93 Acres
    Price / SF:
    $75/SF
    Added:
    Mar 24, 2026
    Days on Market:
    59
    Last Refresh:
    Feb 10 at 6:18 pm

    Property Features for 86 FM 770

    General Information

    Standard status
    Active
    Size
    5,276 SF
    Lot size
    1.93 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    Thomas Banks

    Listing agent Thomas Banks License #0555016

    Listing office CENTURY 21 Patterson Agency

    Listing date Mar 24, 2026

    Source Exitrealty

    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 CENTURY 21 Patterson Agency

    HighLights

    • 5,276 sq ft of warehouse space across three buildings.
    • Large 1.05‑acre lot.
    • Located in Liberty, Texas, known for its business‑friendly environment.
    • Excellent connectivity to major highways (Highway 90 and FM 563).
    • Strategic location with easy access to Houston, Beaumont, and Southeast Texas.
    • Versatile warehouse‑type buildings suitable for various business operations.

    Overview

    This commercial property is located in Liberty, Texas, and includes three warehouse-type buildings with a total area of 5,276 square feet, situated on a 1.05-acre lot. The location provides connectivity to major highways, including Highway 90 and FM 563, offering access to Houston, Beaumont, and Southeast Texas. This property is suitable for expanding business operations, establishing a distribution center, or investing in a commercial asset.

    Financial Insights

    Value Estimation Calculated for Warehouse

    Conservative
    $362.3K
    NOI $32,608 @ 9.00% cap · cautious / downside scenario
    Moderate
    $465.8K
    NOI $32,608 @ 7.00% cap · market / base-case scenario
    Aggressive
    $652.2K
    NOI $32,608 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Warehouse

    Component $ $/SF
    Gross rent $40.9k $7.76
    − Vacancy −$2.6k −$0.49
    EGI $38.4k $7.27
    − OpEx −$5.8k −$1.09
    NOI $32.6k $6.18
    5,276 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%

    Alternative Use Scenarios

    Best Use
    Warehouse
    $465.8K
    $407.6K – $543.5K (±1% cap)
    NOI $32,608 @ 7.0% cap · market cap 8.16%
    Second Best
    Industrial
    $383.6K
    $335.7K – $447.6K (±1% cap)
    NOI $26,854 @ 7.0% cap · market cap 6.72%
    Theoretical Best
    Multifamily LT 5
    $59.15M
    $51.76M – $69.01M (±1% cap)
    NOI $4,140,624 @ 7.0% cap · market cap 1,036.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Auto Parts Store Auto Repair Shop Food Market Garden Center Building Supply Farmer's Market Department Store Bar & Pub Grocery & Convenience Store Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Liberty
    County
    Liberty
    State
    Texas
    Longitude
    -94.66916
    Latitude
    30.042707

    Nearby Similar for Sale

    • $399,500

      Versatile Warehouses in Liberty, Texas

      Three warehouse buildings on 1.05 acres in Liberty, Texas.
      86 FM 770, Liberty, TX 77575
      View Details
    • $345,000
      3,200 SF

      Corner Property with Flexible Metal Building

      Versatile property with renovated office, workshop, and fenced lots.
      601 Franklin St, Liberty, TX 77575
      View Details
    • $395,000
      2,400 SF

      Liberty Storage Facility For Sale

      2-acre storage facility with expansion potential in Liberty, Texas.
      1609 Lakeland Drive, Liberty, TX 77575
      View Details
    • $450,000

      New Duplex in Liberty, TX

      New custom-built duplex with modern finishes in Liberty, Texas.
      2651 Beaumont Ave, Liberty, TX 77575
      View Details
    • Contact for pricing
      2,627 SF

      Freestanding Jack in the Box

      Net leased Jack in the Box on 1.02 acres.
      2320 N Main St, Liberty, TX 77575
      View Details
    • $399,500
      5,276 SF

      Versatile Warehouses on Large Lot

      Three warehouse buildings on 1.05 acres in Liberty, Texas.
      86 Fm 770, Liberty, TX 77575
      View Details
    • $349,900

      Highway 90 Commercial Property

      Commercial property on Highway 90 with two buildings.
      3502 E Highway 90, Liberty, TX
      View Details
    • $525,000
      2,000 SF

      Barndominium on 28.89 Acres

      Barndominium with shop on 28.89 acres in Hardin.
      1528 County Road 2005, Liberty, TX 77575
      View Details
    • $240,000
      2,720 SF

      Liberty, Texas Office Building

      Office building in Liberty, Texas, suitable for various professional uses.
      811 N Travis St, Liberty, TX 77575
      View Details
    • Contact for pricing
      9,789 SF

      Liberty Commercial Property For Sale

      Commercial property available for sale in Liberty, Texas.
      2702 North Main Street, Liberty, TX 77575
      View Details
    • $1,150,000
      2,627 SF

      Freestanding Jack in the Box

      Freestanding Jack in the Box restaurant for sale in Liberty, TX.
      2320 N Main St, Liberty, TX 77575
      View Details
    • $525,000
      2,000 SF

      Hardin Barndominium on 28+ Acres

      Barndominium on 28.89 acres with shop area in Hardin.
      1528 County Road 2005, Liberty, TX 77575
      View Details

    FAQs

    What type of property is this?
    Warehouse - Three warehouse buildings on 1.05 acres in Liberty, Texas.
    Where is this warehouse located?
    The property is located at 86 FM 770 Liberty, TX.
    What is the asking price?
    The asking price for this property is $399,500.
    What are key features of this property?
    This property features: 5,276 sq ft of warehouse space across three buildings.; Large 1.05‑acre lot.; Located in Liberty, Texas, known for its business‑friendly environment.
    (903) 455-9414
    We can help!
    Listing Contact
    Thomas Banks
    Real Estate License ID: 0555016
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    86 FM 770, Liberty, TX 77575
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!