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    Property profile & analytics

    400 Milford Pkwy, Unit 440 Milford, OH 45150-9104

    • Investment properties
    • 58,394 SF
    • 5.86 lot acres
    OFF-MARKET
    Value Estimation
    $5,895,000
    Last Sale
    Sep 22, 2021
    $5,700,000
    Location Intelligence
    Property ID
    US66-2144423
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • FedEx Drop Box / Mailing Service
    • Scanner Applications / Manufacturer

    Property Details for 400 Milford Pkwy

    Year built
    2001
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.86 lot acres
    Property size
    58,394 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    21-07-37.-022P
    APU
    210737022P

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,120,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,655,000
      6.5%
      $5,330,000
      7%
      $6,250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,830,000
      Geo Method
      $5,060,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,875,000
      Retail
      $6,090,000
      Mixed-Use
      $4,870,000
      Hospitality
      $6,500,000
      Educational
      $5,275,000
      Residential Income
      $5,015,000
      Energy
      $4,955,000
      Income-Based Land
      $5,685,000
      Food Service
      $4,960,000

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Clermont
    State
    Ohio
    Longitude
    -84.2752
    Latitude
    39.1675
    CBSA code
    17140
    CBSA name
    CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $74,614
    $175,770
    $685,860
    $861,630
    -
    $502,200
    $1,959,600
    $2,461,800

    Comparable in this City

    • Value Estimation by Request
      23,043 SF

      6070 Br Hl Guinea Pike

      STORE/OFFICE (MIXED USE) • 23,043 SF
      6070 Br Hl Guinea Pike, Milford, OH 45150-2220
      View Details
    • Value Estimation
      $665,000
      12,000 SF

      1040 Techne Ctr Dr

      STORE/OFFICE (MIXED USE) • 12,000 SF
      1040 Techne Ctr Dr, Milford, OH 45150-2731
      View Details
    • Value Estimation
      $530,000
      12,536 SF

      809 Us Rte 50

      STORE/OFFICE (MIXED USE) • 12,536 SF
      809 Us Rte 50, Milford, OH 45150-9577
      View Details
    • Value Estimation
      $230,000
      2,640 SF

      5659 Mellie Ln

      STORE/OFFICE (MIXED USE) • 2,640 SF
      5659 Mellie Ln, Milford, OH 45150-2320
      View Details
    • Value Estimation
      $780,000
      44,132 SF

      5120 Riv Vly Rd

      STORE/OFFICE (MIXED USE) • 44,132 SF
      5120 Riv Vly Rd, Milford, OH 45150-9108
      View Details
    • Value Estimation by Request
      18,600 SF

      1301 State Rte 131

      STORE/OFFICE (MIXED USE) • 18,600 SF
      1301 State Rte 131, Milford, OH 45150-2843
      View Details

    Similar Nearby for Sale

    • $274,900
      Pending

      Mixed-Use Property Near Little Miami

      Commercial property with residential units, near park and river.
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      Miami Commons Commercial Land

      Prime Milford, OH commercial land. High traffic, great zoning.
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      Retail Property on State Route

      Retail property available for sale on State Route 28.
      1177 State Route 28, Milford, OH 45150
      View Details
    • $425,000

      3.45 Acres on Wolfpen Pleasant

      3.45 acres of land for sale on Wolfpen Pleasant.
      Wolfpen Pleasant Hill Rd, Milford, OH 45150
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      3,400 SF

      Retail Space Near Kroger

      Retail property with pylon signage and dedicated parking available.
      914 Lila Ave, Milford, OH 45150
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      Union Township Industrial Land Available

      5.85 acre industrial land for sale in Union Township.
      5135 River Valley Rd, Milford, OH 45150
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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Prime Milford Retail Pad Site

      High-traffic location, 1.5 acres.
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      View Details
    • $10 SF/Yr
      10,900 SF

      Office Space in Milford, OH

      Office space for rent in Milford, Ohio, near amenities.
      5303 Dupont Cir, Milford, OH 45150
      View Details
    • $11 SF/Yr
      3,300 SF

      Day Heights Single-Level Office Building

      Well-appointed office building featuring furnished rooms and conference areas.
      5655 Mellie Ln, Milford, OH 45150
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space on Main Street

      Retail space available for lease on Main Street.
      780-824 Main St, Milford, OH 45150
      View Details
    • Contact for pricing
      17,600 SF

      Warehouse/Storage with Drive-in Door

      Warehouse/Storage space featuring a drive-in door and sub-metered electric.
      200 Techne Center Dr, Milford, OH 45150
      View Details
    • Contact for pricing
      1,856 SF

      Meijer In-Store Retail Space

      Milford, OH: Prime Retail Opportunity
      1082 Oh-28, Milford, OH 45150
      View Details
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    Milford, OH 45150-9104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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