End-Unit Medical Office with
5724 Signal Hill Court Milford, OH 45150
5724 Signal Hill Court, Milford, OH, 45150
$275,000
Pending
For Sale
$275,000
Pending
SINGLE_FAMILY - Milford, OH
Property Size2,304 SF
Lot Size1.23 Acres
Days on Market118
Property Features for 5724 Signal Hill Court
General Information
- Property type
- Residential
- Property subtype
- Office
- Security features
- Security Lighting
- Interior features
- Security Light, Sprinkler Wet, Smoke Detector, Heat Detect
- Exterior features
- Part Fenced, Sidewalks, Curb/Gutter, Lights
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 186203A001
- Size
- 2,304 SF
- Lot size
- 1.23 Acres
Utilities
- Heating system
- Forced Air, Electric (Heating)
Building Details
- Year built
- 1985
- Flooring type
- Concrete, Carpet
- Building materials
- Brick, Cedar
- Roof type
- Shingle
Listing Agency
Keller Williams Advisors
(513) 227-9151
9277 Centre Pointe Dr, Cincinnati, OH
Listed by
Bob Daniel
(513) 766-9200
Added: Mar 26 Updated: Jul 18 at 5:14 am Checked: Jul 21 at 4:06 am
MLS# 1873001
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This sale offering is for a very large ranch-style medical office suite at the front of a professional office complex. The space totals approximately 2,300 square feet and is currently configured as two combined units. It can be easily divided again to create a second rentable unit, supported by the property’s 3 bathrooms and two separate entrances.
The building is an end unit and sits with lots of parking. It is described as located about a half block off the Milford exit of I-275, placing the office close to a major access route and convenient for patient and staff arrival.
For tenants or buyers, the current combined layout supports single-operator use while the design allows for potential re-segmentation if a future need for separate suites arises. With multiple entrances and bathroom capacity already in place, the property is well-suited to professional medical office requirements that benefit from straightforward access and practical internal function.
The building is an end unit and sits with lots of parking. It is described as located about a half block off the Milford exit of I-275, placing the office close to a major access route and convenient for patient and staff arrival.
For tenants or buyers, the current combined layout supports single-operator use while the design allows for potential re-segmentation if a future need for separate suites arises. With multiple entrances and bathroom capacity already in place, the property is well-suited to professional medical office requirements that benefit from straightforward access and practical internal function.
Key Highlights
- About 2,300 SF medical office/ranch‑style unit in a professional office complex
- Front unit is an end unit with lots of parking and 2 entrances
- Two units combined but can be easily divided again to rent the second unit
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.7k | $16.80 |
| − Vacancy | −$9.8k | −$4.25 |
| EGI | $28.9k | $12.55 |
| − OpEx | −$7.2k | −$3.14 |
| NOI | $21.7k | $9.41 |
2,304 SF · lease $16.80/SF/yr · vacancy 25.30% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$388.2K
$339.7K – $452.9K
NOI $27,172 @ 7.0% cap · market cap 9.88%
Second Best
Office B
$309.8K
$271.1K – $361.4K
NOI $21,686 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$413.1K
$361.4K – $481.9K
NOI $28,914 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Signal Hill Center
Medical Clinic
Midwest Occupational Health
Medical Clinic
Randolph David C ...
Medical Examiner
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FAQs
What type of property is this?
Medical Office Space - Ranch-style medical office suite with two entrances, three bathrooms, and end-unit parking, sized for flexible tenancy.
Where is this medical office space located?
The property is located at 5724 Signal Hill Court Milford, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: About 2,300 SF medical office/ranch‑style unit in a professional office complex; Front unit is an end unit with lots of parking and 2 entrances; Two units combined but can be easily divided again to rent the second unit
