16740 Us-77 Milford, TX 76670
This exceptional 8.57-acre commercial and industrial land parcel is strategically located in Milford, Texas, offering unparalleled access to major transportation arteries. Situated just 15 minutes south of Waxahachie, the property boasts frontage on both US-77 and Interstate 35E, ensuring high visibility and convenient access for businesses requiring significant transportation links. The site is conveniently located outside city limits, potentially reducing regulatory burdens. Four acres of the land feature a stabilized 6-inch base, providing a solid foundation for various uses. The entire property is fully fenced, enhancing security and providing a contained area ideal for truck parking, outdoor storage, or other similar operations. The absence of a specified zoning designation presents opportunities for a wide range of development possibilities, subject to Ellis County regulations. This prime location and versatile land make it an attractive investment opportunity for businesses seeking a strategic location with ample space and convenient access to major transportation routes. The property's size and features make it particularly well-suited for businesses needing extensive outdoor storage or truck parking facilities. The existing infrastructure, including the stabilized base and perimeter fencing, significantly reduces upfront development costs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.