All Forum Posts by: Ruhi Reimer

Deanna, thanks for your comment!

So your brother couldn't find parking around his home base?  What did he do instead?  I imagine he must have just parked further away, maybe on a nearby farm or a warehouse in the next town over or something?

It appears individual truckers have been pushed out of their neighborhoods for quite some time by HOAs, zoning, etc.  These individual operators are a customer for sure.  I think the bigger fleet operators need a place to park their idle trailers as well (they usually run a 3:1 trailer:tractor ratio), and seasonal peaks and valleys mean a sizable part of the fleet may not be in use a few months of the year, and needs parking.

Hi BP! 

My first post.  I love this site.  What a fantastic community and source of knowledge!  

I am an investor/entrepreneur looking to do something in a commercial property niche I can't find many resources about: truck parking.  Over the years I have considered other "low capex" RE models such as trailer parks and self storage but never pulled the trigger.  A recent look at investments in the transportation industry suggests a possible opportunity in truck/trailer parking lots.  There are numerous published articles about the on-the-road parking shortage for truck drivers, and solution there is more truck stops whether state or privately funded.  That is not what I'm talking about.  My initial research suggests truck/semi-trailer parking is also an issue for carriers and small operators -- both at home and at the terminal point of a long haul delivery.    A flat gravel lot with fencing, lighting, security and an attendant/transaction processing capabilities located near an industrial zone/interstate/major state highway could offer daily, weekly, or monthly parking.  In markets where land costs are low and freight traffic is high one can arbitrage the high value of truck parking against the low cost of land and minimal maintenance capex of this model, yielding healthy cash flow.  I am hoping to prove this model out for myself, and upon doing so, get a property launched this year somewhere.  I know -- too generic a goal.  

I'd like to invite other BP members looking at this niche to cluster in this thread to network and share best practices.

I look forward to getting acquainted with the BP community.  Wishing all a prosperous 2017!