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    OFF-MARKET
    Land

    0 Us-50, Milford, OH 45150

    2 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 2 ac (87,120 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
    AI Approach AI
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    CAP Approach CAP
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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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