566 I-35 Milford, TX 76670
This exceptional 21.21-acre commercial land parcel presents a unique investment opportunity in Milford, Texas. Strategically located at 566 I-35, this property boasts prime interstate frontage and a hard corner location directly on the on-ramp, ensuring maximum visibility and accessibility. With an APN of 185951 and zoned for commercial use by the City of Milford, this site offers unparalleled potential for development. The property benefits from exceptionally high traffic volume, with 60,000 cars passing daily according to TXDot data, and convenient access from both the northbound and southbound lanes of I-35. Adding to its desirability, a new Road Runner Truck Stop and Wendy's are currently under construction on adjacent parcels. The site is divisible, with pad sites available starting at 1.75 acres (or 76,230 square feet), providing flexibility for various development scenarios. This is an exceptional opportunity to capitalize on the robust growth and high traffic counts along this heavily traveled corridor in Ellis County, Texas, 76670. The asking price for this remarkable property is $3,655,150.
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
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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.