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    Us-50 Milford, OH 45150

    Sponsored
    For Sale
    $1,210,500

    Prime Milford, OH commercial land. High traffic, great zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial and industrial land parcel in Milford, Ohio, presents a unique investment opportunity. Located on US-50 in Clermont County, this property boasts a sizable lot ranging from 2 to 8.07 acres, priced at $150,000 per acre for a total asking price of $1,210,500. The permitted zoning allows for a wide range of uses, including commercial, retail, and light industrial, making it ideal for various development projects. All necessary commercial utilities are already in place, including Clermont County sewer and water, and Duke Energy gas and electric. Benefit from available tax incentives offered by Miami Township. The property enjoys a high-traffic location, with an annual average daily traffic count of 12,557 vehicles. Furthermore, the first phase of road construction, encompassing Commercial Drive and Rise Way, is scheduled to commence in Spring 2024, promising further enhancements to accessibility and visibility. Large, open sites are available, ready for immediate development. This is a rare opportunity to acquire a strategically located property with significant development potential in a thriving Ohio community.

    Property Features for 0 Us-50

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Retail, office, and light industrial uses permitted.
    • Large, fully‑serviced lots available.
    • Miami Township tax incentives offered.
    • All utilities available, including Clermont County sewer, water, and Duke Energy.
    • Commercial Drive and Rise Way road improvements begin Spring 2024.
    • 12,557 vehicles per day (VPD) average daily traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milford
    County
    Clermont
    State
    Ohio
    Longitude
    -84.23902
    Latitude
    39.14141

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    FAQs

    What type of property is this?
    Land - Prime Milford, OH commercial land. High traffic, great zoning.
    Where is this land located?
    The property is located at Us-50 Milford, OH.
    What is the asking price?
    The asking price for this property is $1,210,500.
    What are key features of this property?
    This property features: Retail, office, and light industrial uses permitted.; Large, fully-serviced lots available.; Miami Township tax incentives offered.
    Request Owner's contact information
    Us-50 Milford, OH 45150
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    Milford, OH 45150
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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
    Us-50 Milford, OH 45150
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