www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31432356
31432328

591 Pinson Rd, Forney, TX 75126

SR
TX TX - 9009637, CA CA - 02101543 (+42)
ParaSell Inc
BR
CA 01787727, CA 02023477
Calvary Realty
Listed by ParaSell Inc, Calvary Realty
$1,595,000
64 days on market
Updated 43 days ago

Town & Country Storage

Details
APN 23870, 23872
Property Type Self Storage
Sub Type Storage
Square Footage 20,163
Net Rentable (SqFt) 20,163
Units 204
Cap Rate 4.48%
NOI $71,520
Occupancy 67%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 8.32%
Pro-Forma NOI $132,633
Price per SqFt $79
Broker Co-Op Yes
Class C
Year Built 1989
Year Renovated 1993
Buildings 8
Stories 1
Acreage 1.270
Sale Condition Distressed

Value Add Facility in Dallas Fort Worth Metro

Marketing description

The Calvary Realty National Storage Group, in Association with Scott Reid & ParaSell, Inc a Licensed Texas Broker #9009637, 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 room to grow occupancy and improve operations, positioning the asset as a mismanaged property with significant value-add upside through operational improvements and tent insurance. 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.

Investment highlights

  • Dallas-Forth Worth-Arlington MSA (4th Largest in U.S.)
  • Seller Financing in 1st or 2nd Lien Position
  • Room to Improve Occupancy and Rents
  • Consistent Year Over Year Income Growth
  • High Traffic Area
  • Adjacent Lot Available for Purchase & Expansion
  • 20 Housing Developments Within a 5 Mile Radius
  • Mismanaged Asset With Value-Add Opportunity
  • 6.58 sq. ft. Per Capita Within 1 Mile Radius
  • Annual Population Increase Nearly 5%

Listing Contacts

SR
TX TX - 9009637, CA CA - 02101543 (+42)
ParaSell Inc
BR
CA 01787727, CA 02023477
Calvary Realty
Listed by ParaSell Inc, Calvary Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$71,520.00
$5,960.00/mo

Valuation Metrics

0
DSCR
4.48%
Cap Rate
4.48%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Scott Reid
License
TX License # 739436
Brokerage
ParaSell Inc.
Title
Broker of Record
Brokerage Address
940 S Coast Dr Suite 100, Costa Mesa, CA 92626
Name
Scott Reid
License
TX - 9009637
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591