Industrial Property with Docks
502 Techne Center Dr. Milford, Milford, OH 45150
For Sale
Contact for pricing
Industrial property featuring docks and drive-in access at the rear.
Property Size33,886 SF
Price / SF$0.32
Days on Market427
Property Features for 502 Techne Center Dr. Milford
General Information
Standard status
Size
Property subtype
Lease Term
Building Details
Building Size
Properties For Sale
at 502 Techne Center Dr. Milford
502 Techne Center
Size
4,060 SF
Type
Flex Space
Term
Negotiable
Listing Agency:
Lee & Associates | Cincinnati
Listed By:
Dan McDonald · License OH SAL.0000440271
(513) 608-2984
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Nov 6
Last Checked: Nov 10 at 5:32AM
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 Lee & Associates | Cincinnati
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property offers available docks and drive-in access located at the rear of the building. The location benefits from significant traffic flow, with US-50 recording 9895 vehicles per day (VPD) and I-275 registering 68120 VPD. The property size is 33.
Key Highlights
- Available docks for loading/unloading.
- Drive‑in access at the rear of the building.
- High traffic count on I‑275 (68120 VPD).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$173
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,460
$3.5K
Cap Rate 7%
$2,471
$2.5K
Cap Rate 9%
$1,922
$1.9K
Market Conditions
NOI Build-Up for 33 SF
Gross rent
$257 $7.80/SF
− Vacancy
−$11 −$0.33/SF
EGI
$247 $7.47/SF
− OpEx
−$74 −$2.24/SF
NOI
$173 $5.23/SF
Area
Clermont County, OH
Vacancy
4.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,460
Cap Rate 7%
$2,471
Cap Rate 9%
$1,922
Alternative Uses
Best Use
Warehouse
$3.0K
$2.6K – $3.5K
NOI $210 @ 7.0% cap
Second Best
Industrial
$2.5K
$2.2K – $2.9K
NOI $173 @ 7.0% cap
Theoretical Best
Office A
$5.9K
$5.2K – $6.9K
NOI $414 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 45150, OH
33,735
Population
14,432
Households
2.3
Avg Household Size
42
Median Age
41%
College-Educated
95%
High-School Grad
32.3 sq mi
ZIP Area
1,044
Density / Sq Mi
$91,780
Median Household Income
$51,494
Median Earnings
$1,033
Median Rent
$267,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Industrial properties in Clermont County, OH
Properties on Market for Industrial properties in Clermont County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property featuring docks and drive-in access at the rear.
Where is this industrial property located?
The property is located at 502 Techne Center Dr. Milford Milford, OH.
What are key features of this property?
This property features: Available docks for loading/unloading.; Drive‑in access at the rear of the building.; High traffic count on I‑275 (68120 VPD).
