591 Pinson Rd - Self-Storage Facilities FOR SALE


Forney, TX 75126- Forney/Combine
$1,595,000 USD
909-380-0073
591 Pinson Rd, Forney, TX for Sale
$1,595,000 USD
Self-Storage Facilities - FOR SALE
1/22
null | 4.48% Cap Rate

591 Pinson Rd
Forney, TX 75126
Forney/Combine


HIGHLIGHTS

  • Seller Financing in 1st or 2nd Lien Position
  • Rents 50% Below Market
  • Consistent Year Over Year Income Growth
  • 20 Housing Developments Within a 5 Mile Radius
  • High Traffic Area
  • Dallas-Forth Worth-Arlington MSA (4th Largest in U.S.)

OVERVIEW

John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me". Calvary Realty is pleased to present Town and Country Self Storage, a compelling value-add opportunity located at 591 Pinson Rd, Forney, TX 75126, within the Dallas–Fort Worth–Arlington MSA, the fourth-largest metropolitan area in the United States with a population exceeding 7.6 million. The property is offered at $1,595,000, reflecting an existing cap rate of 4.48% and an attractive price per square foot of $79.11. Built in 1989 and 1993, the facility sits on 1.27 acres and consists of eight single-story metal and steel buildings totaling 20,163 enclosed square feet across 204 units. Current physical occupancy is 67%, with in-place rents approximately 50% below market, positioning the asset as a mismanaged property with significant value-add upside through operational improvements and rent optimization. An adjacent lot is available for purchase, offering a clear path for future expansion. The property is strategically located near Highway 80 and benefits from strong visibility and accessibility, with a daily traffic count of approximately 12,628 vehicles. The surrounding area includes 20 housing developments within a five-mile radius, supported by an annual population growth rate approaching 5%. With 6.58 square feet per capita within a one-mile radius, favorable supply-demand dynamics further strengthen the long-term investment thesis.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

4.48%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Town & Country Mini Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

Gen Retail

APN/PARCEL ID

23870,23872

ASK ABOUT THIS PROPERTY

Brandon RobinsonCalvary RealtyMore Info
909-380-0073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brandon RobinsonCalvary RealtyMore Info
909-380-0073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.