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Vacant-User

IOS | Industrial Outdoor Storage | Truck Parking Facility

17640 S US Hwy 77, Milford, TX 76670

Listing Price: $1,500,000

Cap Rate
12.00%
Lot Size
8.57 acres
Year Built
2025
Rentable SF
248,292

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 17640 US 77, an approximately 8.57-acre industrial outdoor storage (IOS) and truck parking opportunity strategically located along Interstate 35E in Milford, Texas.

The property is ideally positioned between the Dallas-Fort Worth Metroplex and Waco along one of the most heavily traveled freight corridors in Texas. The site benefits from dual frontage along both I-35E and US-77, providing exceptional accessibility, visibility, and logistical efficiency for transportation and industrial users.

The asset currently operates as a truck parking facility with existing infrastructure improvements that include compacted gravel surfacing, perimeter fencing, solar lighting, onsite office space, metal canopy structures, and partially completed restroom/shower facilities. The current configuration supports approximately 90 truck parking spaces, while the remaining undeveloped acreage offers significant expansion potential for additional IOS development.

With only a portion of the site currently improved, investors have the opportunity to increase parking capacity, expand outdoor storage operations, or reposition the property to accommodate a variety of transportation and logistics-related uses. The low site coverage ratio and existing infrastructure create an attractive value-add opportunity in a sector experiencing strong tenant demand and limited inventory throughout Texas.

The property represents a rare opportunity to acquire a scalable IOS/truck parking asset with immediate operational utility and long-term development upside along the highly trafficked Interstate 35 corridor.

Investment Highlights

  • Strategically Located Along I-35E — Positioned between Dallas and Waco with direct access to one of Texas' primary freight and transportation corridors.
  • Existing Truck Parking Operation — Functional truck parking facility currently supporting approximately 90 truck spaces with immediate operational capability.
  • Fully Secured Site — 100% perimeter fenced with solar perimeter lighting installed throughout the property.
  • Existing Infrastructure in Place — Property includes compacted gravel surfacing, onsite office, power availability, metal canopy, and partially completed restroom/shower facilities.
  • High Visibility Location — Exposure to approximately 48,000 vehicles per day along Interstate 35E.
  • Value-Add Investment Opportunity — Ability to stabilize current operations while expanding capacity and enhancing long-term income potential.

Exclusively Listed By

Vacant-User

IOS | Industrial Outdoor Storage | Truck Parking Facility

Listing Price: $1,500,000

Cap Rate
12.00%
Lot Size
8.57 acres
Year Built
2025
Rentable SF
248,292

Investment Highlights

  • Strategically Located Along I-35E — Positioned between Dallas and Waco with direct access to one of Texas' primary freight and transportation corridors.
  • Existing Truck Parking Operation — Functional truck parking facility currently supporting approximately 90 truck spaces with immediate operational capability.
  • Fully Secured Site — 100% perimeter fenced with solar perimeter lighting installed throughout the property.
  • Existing Infrastructure in Place — Property includes compacted gravel surfacing, onsite office, power availability, metal canopy, and partially completed restroom/shower facilities.
  • High Visibility Location — Exposure to approximately 48,000 vehicles per day along Interstate 35E.
  • Value-Add Investment Opportunity — Ability to stabilize current operations while expanding capacity and enhancing long-term income potential.

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for 17640 US 77, an approximately 8.57-acre industrial outdoor storage (IOS) and truck parking opportunity strategically located along Interstate 35E in Milford, Texas. The property is ideally positioned between the Dallas-Fort Worth Metroplex and Waco along one of the most heavily traveled freight corridors in Texas. The site benefits from dual frontage along both I-35E and US-77, providing exceptional accessibility, visibility, and logistical efficiency for transportation and industrial users. The asset currently operates as a truck parking facility with existing infrastructure improvements that include compacted gravel surfacing, perimeter fencing, solar lighting, onsite office space, metal canopy structures, and partially completed restroom/shower facilities. The current configuration supports approximately 90 truck parking spaces, while the remaining undeveloped acreage offers significant expansion potential for additional IOS development. With only a portion of the site currently improved, investors have the opportunity to increase parking capacity, expand outdoor storage operations, or reposition the property to accommodate a variety of transportation and logistics-related uses. The low site coverage ratio and existing infrastructure create an attractive value-add opportunity in a sector experiencing strong tenant demand and limited inventory throughout Texas. The property represents a rare opportunity to acquire a scalable IOS/truck parking asset with immediate operational utility and long-term development upside along the highly trafficked Interstate 35 corridor.

Exclusively Listed By

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