Versatile Warehouses on Large
For Sale
$399,500
86 Fm 770, Liberty, TX 77575
Three warehouse buildings on 1.9 acres in Liberty, Texas.
Property Size5,276 SF
Lot Size1.90 Acres
Price / SF$75.72
Days on Market206
Property Features for 86 Fm 770
General Information
Standard status
Active
Size
5,276 SF
Lot size
1.90 Acres
Building Details
Year Built
2004
Listing Agency:
CENTURY 21 Patterson Agency
Listed By:
Thomas Banks, Cody Banks · License #0555016
(903) 455-9414
Source:
Minteerteam
Added: Mar 26
Changed: Oct 17
Last Checked: Oct 7 at 4:17PM
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
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Investment Insights
Based on property information with market context.
Located in Liberty, Texas, this commercial property includes three warehouse-type buildings with a total area of 5,276 square feet, situated on a 1.9 +/- acre lot. The property is accessible from Highway 90 and FM 563, providing connectivity to Houston, Beaumont, and Southeast Texas. The location is on FM 770, past the railroad tracks when coming from Highway 90. This property is suitable for expanding business operations, establishing a distribution center, or investing in a commercial asset.
Key Highlights
- Three warehouse‑type buildings totaling 5,276 square feet
- Generous 1.9 +/- acre lot
- Strategic location in Liberty, Texas
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
NOI $32,608 @ 7.0% cap · market cap 8.16%
Second Best
Industrial
$383.6K
$335.7K – $447.6K
NOI $26,854 @ 7.0% cap · market cap 6.72%
Theoretical Best
Multifamily LT 5
$59.15M
$51.76M – $69.01M
NOI $4,140,624 @ 7.0% cap · market cap 1,036.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Three warehouse buildings on 1.9 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: Three warehouse‑type buildings totaling 5,276 square feet; Generous 1.9 +/- acre lot; Strategic location in Liberty, Texas
