Financial
Distress signals
Property profile

741 Lila Ave Milford, OH 45150

OFF-MARKET
Commercial real estate
Property ID
US66-2460446
5,278 SF 0.59 ac lot Built 1950
Last sale Mar 2026 · $385,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$92k
Assessed land$27k
Assessed improvement$65k
Effective rate8.66%

Value estimate

· Sep 2026
$670k
$603k – $737k
AI approach$690k
CAP approach$700k
Sales comparison$797k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$207/SF
ZIP average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$90 – $308
Qualifying comparables17

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLERMONT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.6
Electrical Service11.6
Accounting Firm10.5

Location

741 Lila Ave Milford, OH 45150-1615
County assessor Recorded deeds · 2 transfers 17 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1313 State Rte 131, Milford, OH 45150-2843 $330,000 Jan 2025 5,130 SF
5679 Buckwheat, Milford, OH 45150-2445 $105,700 Aug 2024 5,609 SF
1296 State Rte 131, Milford, OH 45150-2896 $1,125,000 May 2023 4,098 SF
877-A State Rte 28, Milford, OH 45150 $265,000 Mar 2021 4,360 SF
Lila, Milford, OH 45150 $515,000 Nov 2020 3,200 SF
122 Main, Milford, OH 45150-1122 $231,500 Sep 2020 3,960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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