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Three-Building Warehouse Property
For Sale
$399,500

86 FM 770, Liberty, TX 77575

CommercialSale, Liberty, TX

Property Size5,276 SF
Lot Size1.93 Acres
Price / SF$75.72
Days on Market89

Property Features for 86 FM 770

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial Use
Parking features Oversize
Subdivision Peter Mason Abstract
Lot features Acreage, Cleared, Few Trees
Directions Coming from downtown Liberty, you will turn left and get on HWY 90 follow HWY 90 roughly 7.5 miles, then you will turn left onto FM 770 property will be on your right, right after the rail road tracts. SIY.
Standard status Active
APN 16591
Lot size 1.93 Acres

Building Details

Year built 2004
Floors in Building 1
Number of units 3
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: CENTURY 21 Patterson Agency · Century 21 Real Estate
Listed By: Thomas Banks · License #0555016
Added: Jul 14 Changed: Aug 23 Last Checked: Oct 10 at 3:06AM
MLS# 20682859

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This warehouse property includes three separate buildings totaling 5,276 square feet on a commercial parcel in Liberty, Texas. The improvements were constructed in 2004 and feature metal siding, metal roofing, and concrete flooring. Oversized parking is also available on site.

The property is located at 86 FM 770, with regional connectivity through Highway 90 and FM 563. Those routes provide access toward Houston, Beaumont, and other destinations across Southeast Texas. The multiple-building layout offers distinct areas for warehouse, storage, or business operations, subject to applicable approvals and requirements.

Key Highlights

  • Three warehouse buildings with 5,276 square feet of total building area
  • 2004 construction with metal siding and metal roofing
  • Concrete flooring throughout the warehouse improvements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,608
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,160 $652.2K
Cap Rate 7%
$465,829 $465.8K
Cap Rate 9%
$362,311 $362.3K
Market Conditions
NOI Build-Up for 5,276 SF
Gross rent
$40.9K $7.76/SF
− Vacancy
−$2.6K −$0.49/SF
EGI
$38.4K $7.27/SF
− OpEx
−$5.8K −$1.09/SF
NOI
$32.6K $6.18/SF
Area
Liberty County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,160
Cap Rate 7%
$465,829
Cap Rate 9%
$362,311

Alternative Uses

Best Use
Warehouse
$465.8K
$407.6K – $543.5K (±1% cap)
NOI $32,608 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
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 authorities.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Garden Center Grocery & Convenience Store Building Supply Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby
Well-served
Demand for This Use

Demographics for 77575, TX

15,768
Population
7,059
Households
2.2
Avg Household Size
39
Median Age
14%
College-Educated
80%
High-School Grad
238.1 sq mi
ZIP Area
66
Density / Sq Mi
$52,238
Median Household Income
$33,168
Median Earnings
$953
Median Rent
$161,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Three separate warehouse structures offer flexible commercial space with concrete floors and oversized parking.
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: Three warehouse buildings with 5,276 square feet of total building area; 2004 construction with metal siding and metal roofing; Concrete flooring throughout the warehouse improvements
More about this property
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