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Property profile & analytics
OFF-MARKET
Warehouses
1053 Business 28 Milford, OH 45150-4924
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US66-0986144
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Construction
METAL FRAME
Total area
3,300 SF
Lot
1.81 ac (78,756 SF)
APN
18-25-16G-403
UPID
US66-0986144
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Glenn A Benza · 1 yrs held
Glenn A Benza
since 2024
Last sale
$325,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,847
Tax year 2023
Assessed value
$121,040
Assessed 2023
Previous assessed
$121,040
+0.0% YoY
Effective rate
12.27%
On assessed value
Assessed land
$46,100
Assessed improvement
$74,940
Land market value
$131,700
Improvement market value
$214,100
Total market value
$345,800
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Rooms
5
Bathrooms
1
Total area
3,300 SF
Lot
1.81 ac (78,756 SF)
APN
18-25-16G-403
UPID
US66-0986144
Jurisdiction
CLERMONT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Rooms
5
Bathrooms
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Glenn A Benza
Individual
Free & Clear · 1 yrs held
Mailing address
17755 W HAYNIE LN, JUPITER, FL 33478-4746
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2024
—
Glenn A Benza
Benza Properties LLC
Quit Claim Deed
related
—
Sep 2, 2010
$325,000
Benza Properties LLC
West Union Properties LLC
Grant Deed
—
Jun 4, 2004
$465,000
West Union Properties LLC
RT 28 Storage
Warranty Deed
$404,750 · Fifth Third Bank
—
—
Benza Properties LLC
—
Deed Of Trust
related
$360,000 · Pnc Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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