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Property profile & analytics
FOR LEASE
Office buildings
200 Techne Center Dr, Milford, OH 45150
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US66-2355282
For Lease
1 / 2
$725/Mo
200 Techne Center Dr, Milford, OH 45150
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
BRICK
Total area
36,368 SF
Lot
5.21 ac (227,122 SF)
APN
19-24-10F-103
UPID
US66-2355282
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
Current use
Occupant on record · Public records
-
Clearwater Paper Corporation Distribution Center
-
Primerica Insurance Agency
-
Mark Eugene Massaro: Primerica - Financial Services Financial Advisor
-
Cinetic Landis Corporation Atm
-
Suncorp Mortgage Ltd Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.78M
Owner & transaction history
Park 50 Investments LLC · 1 yrs held
Park 50 Investments LLC
since 2025
Last sale
$10.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.0M
+61.1%
Medical building
$11.9M
+48.4%
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
$12,595,000
ML approach
$10,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,040,000
Current use
RESTAURANT
$12,950,000
Change: +61% · Conversion: Moderate
MEDICAL BUILDING
$11,930,000
Change: +48% · Conversion: Easy
COMMERCIAL (GENERAL)
$7,545,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$9.78M
Range $8.80M – $10.75M · ±10% · vs last sale $10.20M (Jan 11 2022)
Last sale anchor
$10.20M
Jan 11 2022
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
$269 / 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
$26,321
Tax year 2023
Assessed value
$344,470
Assessed 2023
Previous assessed
$344,470
+0.0% YoY
Effective rate
7.64%
On assessed value
Assessed land
$120,610
Assessed improvement
$223,860
Land market value
$344,600
Improvement market value
$639,600
Total market value
$984,200
Applied tax rate
19.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1983
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
5
Bathrooms
1
Total area
36,368 SF
Lot
5.21 ac (227,122 SF)
APN
19-24-10F-103
UPID
US66-2355282
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.0M
RESTAURANT
Est. value
$13.0M
MEDICAL BUILDING
Est. value
$11.9M
COMMERCIAL (GENERAL)
Est. value
$7.5M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
5
Bathrooms
1
Lot
5.21 ac
Current owner
From public records · entity-resolved
Park 50 Investments LLC
Entity
Mailing address
1000 FRD CIR STE A, MILFORD, OH 45150-2732
Ownership since
2025
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
Mar 6, 2025
—
Park 50 Investments LLC
Gpk Partners LLC
Quitclaim Deed
related
$920,920 · Merchants National Bank
Jun 2, 2022
—
Gpk Partners LLC
—
Deed
related
$13,833,000 · Peoples Bank
Jan 11, 2022
$10,200,000
Gpk Partners LLC
Jpmbb 2013 C12 Techne Center Drive
Limited Warranty Deed
—
Oct 16, 2018
$7,000,000
Jpmbb 2013-c12 Techne Ctr Driv
Sheriff / Clermont County|park 50 II LLC
Trustees Deed
related
—
May 24, 2013
—
Park 50 II LLC
Park 50 LLC
Quit Claim Deed
$14,500,000 · Barclays Bank Plc
Aug 5, 2008
—
Park 50 LLC
Oh Community Ltd
Warranty Deed
—
Jul 23, 2008
—
Park 50 LLC
—
Deed Of Trust
related
$15,021,619 · Nationwide Life Insurance Co
May 2, 2002
$14,000,000
Park 50 LLC
Teachers Ins & Annuity Assn Of Amer
Grant Deed
related
$1,000,000 · Dan Rolfes
—
—
Park 50 LLC
—
Deed Of Trust
related
$2,400,000 · Nationwide Life Insurance Co
—
—
Park 50 LLC
—
Deed Of Trust
related
$1,000,000 · Fifth Third 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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