Modern Mixed-Use
For Sale
Contact for pricing
975 Co Rd 182, Liberty, TX 77575
Flexible open-concept space with acreage, gated access, and features suited to office, live-work, or hospitality operations.
Property Size3,700 SF
Lot Size5.00 Acres
Price / SF$187.84
Days on Market144
Property Features for 975 Co Rd 182
General Information
Standard status
Active
Size
3,700 SF
Lot size
5.00 Acres
Property subtype
Land, Mixed Use, Special Purpose
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Land Use
commercial, residential, industrial, event venue, short-term rental, wellness retreat, mixed-use
Amenities
covered patio
private pond
gated entrance
floor-to-ceiling fireplace
Building Details
Year Built
2024
Buildings
1
Stories
2
Building Size
3,700 SF
Construction
barndominium
Listing Agency:
Wendy Cline Properties Group
(281) 858-3451
Listed By:
Wendy Cline · License #TX 0561297
Source:
Crexi
Added: Apr 9
Changed: Aug 30
Last Checked: Aug 30 at 7:22AM
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 Wendy Cline Properties Group
Investment Insights
Based on property information with market context.
Built in 2024, this mixed-use property combines a 3,700-square-foot barndominium with approximately five unrestricted acres. The building features an open-concept interior, soaring ceilings, large windows, multiple private rooms, a loft, and a full kitchen with quartz countertops, stainless Samsung appliances, a large island, open shelving, and a walk-in pantry. A floor-to-ceiling fireplace and residential-quality finishes add distinctive character, while the layout can support office, showroom, studio, meeting, or live-work configurations.
The property has direct access to an FM road through a gated entrance. Exterior improvements include a 2.5-car garage, additional covered parking, a covered patio, and a private pond. The acreage provides open space for vehicle or equipment storage, additional parking, site customization, or future structures. Located at 975 Co Rd 182 in Liberty, Texas, the property sits between Beaumont and Kingwood and offers an adaptable setting for business, lodging, event, or mixed-use operations.
The property has direct access to an FM road through a gated entrance. Exterior improvements include a 2.5-car garage, additional covered parking, a covered patio, and a private pond. The acreage provides open space for vehicle or equipment storage, additional parking, site customization, or future structures. Located at 975 Co Rd 182 in Liberty, Texas, the property sits between Beaumont and Kingwood and offers an adaptable setting for business, lodging, event, or mixed-use operations.
Key Highlights
- 3,700‑square‑foot barndominium built in 2024
- Approximately five unrestricted acres at 975 Co Rd 182, Liberty, TX 77575
- Direct access to an FM road with a gated entrance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,494
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,029,880
$1.0M
Cap Rate 7%
$735,629
$735.6K
Cap Rate 9%
$572,156
$572.2K
Market Conditions
NOI Build-Up for 3,700 SF
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.
Gross rent
$94.6K $25.56/SF
− Vacancy
−$25.9K −$7.00/SF
EGI
$68.7K $18.56/SF
− OpEx
−$17.2K −$4.64/SF
NOI
$51.5K $13.92/SF
Area
Liberty County, TX
Vacancy
27.40%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,029,880
Cap Rate 7%
$735,629
Cap Rate 9%
$572,156
Alternative Uses
Best Use
Office B
$735.6K
$643.7K – $858.2K
NOI $51,494 @ 7.0% cap · market cap 7.41%
Second Best
Mixed Use
$535.2K
$468.3K – $624.4K
NOI $37,463 @ 7.0% cap · market cap 5.39%
Theoretical Best
Multifamily LT 5
$41.48M
$36.30M – $48.40M
NOI $2,903,773 @ 7.0% cap · market cap 417.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible open-concept space with acreage, gated access, and features suited to office, live-work, or hospitality operations.
Where is this mixed-use property located?
The property is located at 975 Co Rd 182 Liberty, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,700‑square‑foot barndominium built in 2024; Approximately five unrestricted acres at 975 Co Rd 182, Liberty, TX 77575; Direct access to an FM road with a gated entrance
