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Residential Development Land with Frontage
For Sale
$500,000
Pending

864 Garfield Ave, Milford, OH 45150

Zoned R-3 development land with existing rental and office space, backing to ball fields near Milford Parkway.

Property SizeContact for details
Lot Size4.50 Acres
Days on Market196

Property Features for 864 Garfield Ave

General Information

Standard status Pending
Lot size 4.50 Acres
Property subtype Land
Zoning R-3

Additional Details

Road Access Yes
Listing Agency: Comey & Shepherd
Listed By: Sonia Smith
Source: Exprealty
Added: Feb 11 Changed: Aug 8 Last Checked: Jul 18 at 2:02AM

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 Comey & Shepherd

Investment Insights

Based on property information with market context.

864 Garfield Ave in Milford, OH offers residential development potential on a parcel zoned R-3. The property includes current architectural plans, with the current owner an architect behind the proposed design. The offering also includes existing improvements, currently operating as a rental property and office space.

The land is described as positioned between historic Milford and convenient access to Milford Parkway, and it backs up to ball fields. The site is presented primarily for the land value and the included architectural plans.

Key Highlights

  • Almost 4.5 acres with 465 ft of frontage
  • Zoned R‑3 development land
  • Existing building includes rental property and office space

Property Analytics

Current Use

Hammonds Hardwood Floor ... Carpet & Flooring Store Floyd Sandlin Hardwood ... Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency Accounting Firm Electrical Service Dental Office Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Zoned R-3 development land with existing rental and office space, backing to ball fields near Milford Parkway.
Where is this residential land & home lot located?
The property is located at 864 Garfield Ave Milford, OH.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Almost 4.5 acres with 465 ft of frontage; Zoned R‑3 development land; Existing building includes rental property and office space
More about this property
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