Versatile Warehouses on Large
86 FM 770 Liberty, TX 77575
86 FM 770, Liberty, TX, 77575
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For Sale
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Three warehouse buildings on 1.9 acres in Liberty, Texas.
Property Size5,276 SF
Lot Size1.90 Acres
Price / SF$75.72
Days on Market718
Property Features for 86 FM 770
General Information
- Standard status
- Active
- Size
- 5,276 SF
- Lot size
- 1.90 Acres
- Property subtype
- Industrial
Listing Agency
Century 21 Patterson Agency
(903) 455-9414
Listed by
Thomas Banks · License #TX
Source
Crexi
Added: Jul 30, 2024 Checked: Jul 16 at 11:07 am
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
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
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 | $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 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
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FAQs
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
