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Property profile & analytics
OFF-MARKET
Estimated value
$6,325,000
Investment properties
400 Milford Pkwy 440 Milford, OH 45150-9104
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2144423
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
58,394 SF
Lot
5.86 ac (255,479 SF)
APN
21-07-37.-022P
UPID
US66-2144423
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
-
FedEx Drop Box Postal Service Courier Service
-
Scanner Applications Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.24M
CAP Approach
CAP
$7.75M
Comparable Approach
Comparable
$7.45M
Blend (final)
Blend
$6.33M
Owner & transaction history
Milford Realty In LLC · 4 yrs held
Milford Realty In LLC
since 2021
Last sale
$5.7M
5 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
$6,120,000
ML approach
$5,240,000
CAP Approach
CAP Return
Estimation
6%
$8,395,000
6.5%
$7,750,000
7%
$7,195,000
Blend value · Realmo final
$6.33M
Range $5.69M – $6.96M · ±10% · vs last sale $5.70M (Sep 22 2021)
Last sale anchor
$5.70M
Sep 22 2021
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
$108 / 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
$74,614
Tax year 2023
Assessed value
$861,630
Assessed 2023
Previous assessed
$861,630
+0.0% YoY
Effective rate
8.66%
On assessed value
Assessed land
$175,770
Assessed improvement
$685,860
Land market value
$502,200
Improvement market value
$1,959,600
Total market value
$2,461,800
Applied tax rate
21.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
58,394 SF
Lot
5.86 ac (255,479 SF)
APN
21-07-37.-022P
UPID
US66-2144423
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
5.86 ac
Current owner
From public records · entity-resolved
Milford Realty In LLC
Entity
Mailing address
1075 BROAD RIPPLE AVE STE #309, INDIANAPOLIS, IN 46220-2034
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2021
$5,700,000
Milford Realty In LLC
400 Milford Parkway LLC
Limited Warranty Deed
$3,705,000 · First Financial Bank
Jun 20, 2019
—
400 Milford Parkway LLC
—
Deed
related
$100,000 · Cbank
Jun 30, 2014
$2,371,400
400 Milford Parkway LLC
Cuc Properties LLC
Grant Deed
—
—
—
400 Milford Parkway LLC
—
Deed Of Trust
related
$100,000 · Cbank
—
—
Cuc Properties LLC
—
Deed Of Trust
related
$2,700,000 · Jackson National Life Ins Co
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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