Us-50 Milford, OH 45150
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us-50
- Lot size
- 2.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Clermont
- State
- Ohio
- Longitude
- -84.239
- Latitude
- 39.1414
