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31460976
31460977

4430 Herring Dr, Fort Worth, TX 76179

SL
TX 456780
Dominus Commercial
JO
TX 585699-SA
Dominus Commercial
Listed by Dominus Commercial
$1,435,000
63 days on market
Updated 21 days ago

Herring Rd

Details
Property Type Industrial, Multifamily (+1)
Sub Type Apartment Building, Flex
Square Footage 17,500
Net Rentable (SqFt) 17,500
Units 43
Cap Rate 9.2%
NOI $132,048
Occupancy 85%
Tenancy Multi
Lease Type Modified
Price per SqFt $82
Year Built 1966
Year Renovated 2025
Buildings 5
Stories 1
Acreage 1 - 1.1
Zoning Commercial
Investment Type Stabilized
Ownership private

Industrial | 9.20% CAP | 17,500 SqFt

Marketing description

The property at 4402-4430 Herring Drive, Fort

Worth, TX 76179 represents a rare, income-

producing mixed-use commercial investment in

the Eagle Mountain-Saginaw area, zoned F1-

Commercial (General Commercial “F” district per

Fort Worth zoning, which permits a broad range

of commercial, industrial flex, storage, and

multifamily uses with alcohol sales and on-

premises consumption allowed).

This versatile asset combines stable residential

income with high-demand storage and flex space

on a single site, delivering diversified cash flow

and strong upside potential through continued

leasing, minor improvements, and market growth

in the northwest Fort Worth corridor.

Investment highlights

4402-4430 Herring Dr presents a high-yield, diversified investment opportunity

priced at $1,435,000. This valuation is firmly supported by a resilient, multi-sector

income stream and a proven track record of financial performance in the

booming Fort Worth submarket.

The asset produces a robust Annualized Gross Income of $161,580, derived from

three distinct "all-weather" asset classes.

Income Component Monthly Total Annual Total

Monthly. Annual

Multifamily (7 Units) $5,525 $66,300

Flex-Industrial (2 Units) $1,920 $23,040

Self-Storage/RV (34 Units) $6,020 $72,240

Total Gross Income $13,465 $161,580

Listing Contacts

SL
TX 456780
Dominus Commercial
JO
TX 585699-SA
Dominus Commercial
Listed by Dominus Commercial

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,048.00
$11,004.00/mo

Valuation Metrics

0
DSCR
9.2%
Cap Rate
9.2%
ROI

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Additional Information

Name
Stephen LaMure
License
456780
Brokerage
Stephen LaMure
Title
President and CEO
Brokerage Address
600 East Las Colinas Boulevard
Name
Justin Owen
License
585699-SA
Brokerage
Dominus Commerical, Inc
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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