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Financial
Distress signals
Property profile

400 Techne Center Dr Milford, OH 45150

FOR LEASE
Office buildings
Property ID
US66-1499352
73,116 SF 8.19 ac lot Built 1985
Last sale Feb 2016 · $5,666,666
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This multi-tenant office building is located at 400 Techne Center Drive in Milford, Ohio, and contains approximately 69,815 square feet of space. The property is sited with views overlooking the Little Miami River Valley and features window-lined interior areas intended to bring in natural light. The building’s layout supports modern office use and can accommodate a range of professional tenant configurations. It is positioned about 0.5 miles from I-275 and provides access to I-71 and I-75,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value$566k
Assessed land$158k
Assessed improvement$408k
Effective rate7.64%

Value estimate

· Oct 2026
$5.77M
$5.19M – $6.34M
Submarket $/SF estimate$6.76M
NOI build-up
Gross scheduled income$1.26M
Vacancy & credit loss−$318k
Operating expenses−$235k
NOI · 6,145,467.25% cap applied$704k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$221/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$92 – $340

Cap rate analysis

How does the asset earn?
6,145,467.25%
$704k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLERMONT

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.9
Dental Office8.8
Furniture Store8.7

Location

400 Techne Center Dr Milford, OH 45150
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
55 Techne Ctr, Milford, OH 45150-8901 $10,200,000 Dec 2023 54,810 SF
500 Techne Ctr, Milford, OH 45150-2763 $10,200,000 Dec 2023 37,168 SF
502 Techne Ctr, Milford, OH 45150-8774 $10,200,000 Dec 2023 36,000 SF
1001 Frd, Milford, OH 45150-2740 $10,200,000 Dec 2023 23,518 SF
1700 Edison, Milford, OH 45150-2729 $1,375,000 Nov 2022 45,186 SF
2001 Frd, Milford, OH 45150-3702 $1,575,000 May 2022 29,184 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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