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    1220 Rise Way Milford, OH

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    For Sale
    $300,000

    Commercial land suitable for retail, office, and light industrial uses.

    Lot size:
    2.00 Acres

    Property Features for 1220 Rise Way

    General Information

    Lot size
    2.00 Acres

    Source: Schueler Group Henkle-Schueler, REALTORS Agent Joseph Kramer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land with Retail Zoning

    This commercial land is zoned to permit all retail and office uses, including convenience stores, as well as light industrial applications. The site offers large, open spaces with all utilities in place, including Clermont County sewer and water, and Duke gas and electric. Tax incentives are available from Miami Township. The annual average daily traffic count is 12,557 vehicles per day. The first phase of road construction, involving Commercial Drive and Rise Way, is scheduled to begin in spring 2024.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Milford
    County
    Clermont
    State
    Ohio
    Longitude
    -84.2943821
    Latitude
    39.1753377

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    FAQs

    What type of property is this?
    Commercial land - Commercial land suitable for retail, office, and light industrial uses.
    Where is this commercial land located?
    The property is located at 1220 Rise Way Milford, OH.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Zoning permits diverse uses: retail, office, convenience stores, and light industrial.; - Tax incentives available from Miami Township.; - All commercial utilities are in place: Clermont County sewer & water, Duke gas & electric.
    (513) 932-6010
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    1220 Rise Way Milford, OH
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1220 Rise Way Milford, OH
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