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    OFF-MARKET
    Land

    1177 Oh-28, Milford, OH 45150

    1.7 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.7-acre commercial land parcel presents a unique investment opportunity in Milford, Ohio. Strategically located on OH-28, this property enjoys shared access with the newly constructed Christ Hospital Outpatient Center, ensuring high visibility and convenient access. An easement provides access to a traffic light, further enhancing accessibility. The site's prime location is just two miles from I-275, offering excellent connectivity to regional transportation networks. The surrounding area boasts a robust retail landscape, with established businesses such as Kroger, Meijer, Home Depot, Kohl's, Aldi, Planet Fitness, Starbucks, and Panera Bread nearby. This strong retail presence contributes to high foot traffic and consumer spending in the immediate vicinity. Furthermore, the demographics within a five-mile radius demonstrate a substantial population base and a healthy average household income, indicating a strong market for commercial development. Significant traffic counts further underscore the property's desirability: OH-28 sees an average annual daily traffic (AADT) of 33,521 vehicles, while the intersection of I-275 and OH-28 experiences an AADT of 48,526 vehicles. The property is zoned for commercial use, making it ideal for a variety of development projects. This exceptional location and strong surrounding demographics make this a compelling investment opportunity. The property is situated in Clermont County, Ohio, with a zip code of 45150, at 1177 OH-28, Milford.

    Property profile
    Verified
    Property type Land
    Lot 1.7 ac (74,052 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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