Property profile

1243 State Rte 28 Milford, OH 45150

OFF-MARKET
Commercial real estate
Property ID
US66-2821279
14,560 SF 1.64 ac lot Built 2003
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Construction BRICK
Total area 14,560 SF
Lot 1.64 ac (71,526 SF)
APN 18-40-25C-004A
UPID US66-2821279

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1243 State Rte 28 Milford, OH 45150-2248
Milford metro Census 40702 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.93M
Comparable Approach Comparable
$3.00M
Blend (final) Blend
$570k

Owner & transaction history

since 2015
4 recorded transactions
2015
$4.6M
2014
Price N/A
2004
Price N/A
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $3.2M +6.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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