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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Medical Office Space
1188 State Rte 131 Milford, OH 45150-2711
Individually Owned
5-yr Hold
Free & Clear
Property ID
US66-0135069
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Total area
3,424 SF
Lot
0.71 ac (30,971 SF)
APN
18-40-12A-043C
UPID
US66-0135069
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
$740k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$720k
Owner & transaction history
Milford Dental Excellence R & E · 5 yrs held
Milford Dental Excellence R & E
since 2020
Last sale
$616,500
7 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
Method
Estimation
Statistic approach
$950,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$620,000
7%
$575,000
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $617k (Jul 16 2020)
Last sale anchor
$617k
Jul 16 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$210 / SF
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
$7,195
Tax year 2023
Assessed value
$81,450
Assessed 2023
Previous assessed
$81,450
+0.0% YoY
Effective rate
8.83%
On assessed value
Assessed land
$29,260
Assessed improvement
$52,190
Land market value
$83,600
Improvement market value
$149,100
Total market value
$232,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
8
Bathrooms
2
Total area
3,424 SF
Lot
0.71 ac (30,971 SF)
APN
18-40-12A-043C
UPID
US66-0135069
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
1969
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Milford Dental Excellence R & E
Individual
Free & Clear · 5 yrs held
Mailing address
1188 STATE RTE 131, MILFORD, OH 45150-2711
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2025
—
Milford Dental Excellence Re LLC
—
Deed
related
$2,831,278 · Fifth Third Bank NA
Dec 31, 2024
—
Milford Dental Excellence Re LLC
—
Deed
related
$297,016 · Fifth Third Bank NA
Sep 3, 2021
—
Milford Dental Excellence Re LLC
—
Deed
related
$351,500 · Bank Of America NA
Jul 16, 2020
$15,500
Milford Dental Excellence R & E
Milford Dental Excellence R/e
Warranty Deed
related
—
May 21, 2020
$616,500
Milford Dental Excellence R & E
Randle H JR
Warranty Deed
related
—
Jun 11, 2018
$36,000
Allison K Powers
Egbert,randle H JR
Warranty Deed
—
Apr 11, 2006
$146,879
Robert H Reineck
Egbert,randle H JR & Cristina
Grant Deed
$124,862 · Randle H JR & Cristina Egbert
Apr 1, 2004
$5,208
Department Of Transportation
Egbert,randle H JR
Warranty Deed
—
—
—
Robert H Reineck
—
Deed Of Trust
related
$256,000 · Pnc Bank
—
—
Randle H Egbert JR.
—
Deed Of Trust
related
$344,000 · Huntington National Bank
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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