16100 S US HWY 77

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16100 S US HWY 77

MILFORD, TX 76670
Asking Price
$950K
Asset Type
Commercial Mixed-use
Class
Class B

What's Special

Located at 16100 S US HWY 77 in Milford, Texas, this mixed-use property occupies a prominent position along a primary north-south regional artery. The surrounding neighborhood is characterized by a blend of agricultural land, rural residential pockets, and light industrial operations. The site offers direct highway frontage, providing efficient transportation access to the I-35E corridor, which connects the property to the major metropolitan hubs of Dallas and Waco. Local amenities in the nearby Milford township support basic commercial needs and regional transit. The property's mixed-use zoning and highway visibility make it suitable for a variety of commercial and residential applications. Potential use cases include retail storefronts, professional office suites, or live-work units designed to capture highway traffic. The typical tenant profile includes small business owners, local service providers, or logistics-oriented commuters seeking a versatile location with proximity to major Texas shipping lanes. The versatile layout accommodates businesses requiring integrated warehouse or showroom space alongside administrative or residential components.

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

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