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Property profile & analytics

741 Lila Ave Milford, OH 45150

  • Commercial real estate
  • 5,278 SF
  • 0.59 lot acres
Value Estimation
Last Sale
Nov 24, 2020
$515,000
Location Intelligence
Property ID
US66-2460446
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 741 Lila Ave

Year built
1950
Construction
CONCRETE BLOCKS
Lot size
0.59 lot acres
Property size
5,278 SF
Property type
Commercial real estate
APN
21-07-26.-100P
APU
210726100P

Description

This exceptional 6,500 square foot multi-tenant retail property, located at 741 Lila Ave in Milford, Ohio (zip code 45150), presents a unique redevelopment opportunity. Situated on a 0.59-acre lot within Clermont County's designated DORA district, this B3-zoned property boasts excellent visibility and high traffic counts (10,000+ vehicles per day). The property currently features four units and offers flexible usage potential, including retail, flex space, and even multi-family capabilities. The seller is open to creative deal structures to facilitate a smooth transaction, including owner financing, land lease, or lease option to buy, making this an attractive proposition for qualified users. This prime location in Downtown Milford offers significant potential for growth and return on investment. The property's address is 741 Lila Ave, and its latitude and longitude coordinates are 39.1762578, -84.2835045 respectively. This is a truly exceptional opportunity to acquire a strategically located property with significant upside potential.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Milford
County
Clermont
State
Ohio
Longitude
-84.2835
Latitude
39.1762
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,983
$27,440
$64,750
$92,190
-
$78,400
$185,000
$263,400
More about this property
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