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    OFF-MARKET
    Land

    995 St, Milford, OH 45150

    14.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14.2-acre commercial land parcel, located at 995 St Rt 28 in Milford, Ohio (45150), presents a remarkable investment opportunity. The property, identified by APN numbers 182516F051,332,333,181427B004, is zoned for both residential and commercial use, offering significant flexibility for development. Its strategic location provides a considerable advantage, being only three-quarters of a mile from L275, and in close proximity to L-75 and L-71, ensuring excellent accessibility and high visibility. Currently utilized as a salvage yard, all existing inventory will be removed upon closing, leaving the land ready for immediate development. Situated in the rapidly growing and high-density Miami Township, this property aligns perfectly with the township's proactive promotion of mixed-land use development. The asking price for this prime commercial land is $3,400,000. This presents a unique chance to capitalize on the thriving Milford market and create a successful venture in a highly desirable location. Don't miss this chance to acquire a substantial piece of land with immense potential.

    Property profile
    Verified
    Property type Land
    Lot 14.2 ac (618,552 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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