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Herring Drive Multi-Asset Property 3 Properties Offered at $1,990,131 CAD in Fort Worth, TX
Investment Highlights
- Triple-Stream Income Stability: A recession resistant hedge featuring 7 multifamily units, 2 flex/industrial warehouses, and 34 self-storage/RV units.
- Turnkey Operations: Generates approximately $13,465 gross monthly income ($161,580 annualized) with low overhead and proven tenant history.
- Zoning Versatility:Commercial zoning permits a broad range of uses, including retail, storage, and multifamily, with alcohol sales allowed on-premises
- Superior Yield Profile: Offered at an 8.9% blended cap rate, significantly outperforming the mid-6% to low-8% ranges typical for stabilized DFW comps
- Prime "Lake-Adjacent" Location: Proximity to Eagle Mountain Lake and marina drives high-occupancy demand for RV and boat storage.
Executive Summary
4402-4430 Herring Drive represents a rare, income-producing mixed-use commercial investment in the high-growth Eagle Mountain-Saginaw area. Zoned F1-Commercial, this versatile asset combines stable residential income with high-demand storage and flex space on a single 1.09-acre site. This asset is uniquely situated to capture relentless demand for affordable housing, small-business flex space, and recreational storage near Eagle Mountain Lake.
Property Facts
| Price | $1,990,131 CAD | Number of Properties | 3 |
| Price / SF | $111.49 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.90% | Total Building Size | 17,850 SF |
| Sale Type | Investment | Total Land Area | 1.86 AC |
| Status | Active |
| Price | $1,990,131 CAD |
| Price / SF | $111.49 CAD / SF |
| Cap Rate | 8.90% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 17,850 SF |
| Total Land Area | 1.86 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4430 Herring Dr, Fort Worth, TX 76179 | Industrial | 2,400 SF | 1966 | - |
| 4430 Herring Dr, Fort Worth, TX 76179 | Multifamily | 4,550 SF | 1966 | - |
|
Self Storage
4402 Herring Dr, Fort Worth, TX 76179 |
Specialty | 10,900 SF | 1984 | - |
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Herring Drive Multi-Asset Property
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