1103 Allen Dr, Milford, OH
Single-occupant office building with efficient floorplate and ample parking.
- Added:
- Dec 19, 2024
- Days on Market:
- 542
- Last Refresh:
- May 19 at 9:33 pm
Property Features for 1103 Allen Dr
General Information
- Standard status
- Active
- Size
- 31,363 SF
- Lot size
- 4.97 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1103 Allen Dr Contact us
Listing agent Darin J. Armbruster (513) 317-1611
Listing office Newmark | Cincinnati (513) 317-1611
Listing date Dec 19, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Cincinnati
HighLights
- Move‑in ready condition
- 9/1,000 SF parking ratio
- Back‑up generator with UPS
- Single‑occupant control, branding and security
- Efficient floorplate
- Floor to ceiling windows
Overview
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 | $526.9k | $16.80 |
| − Vacancy | −$133.3k | −$4.25 |
| EGI | $393.6k | $12.55 |
| − OpEx | −$98.4k | −$3.14 |
| NOI | $295.2k | $9.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Clermont
- State
- Ohio
- Longitude
- -84.2366
- Latitude
- 39.191
