Property profile

501 Chamber Dr 507 Milford, OH 45150

OFF-MARKET
Strip malls
Property ID
US66-2729316
16,342 SF 2 ac lot Built 2011
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2011
Construction BRICK
Total area 16,342 SF
Lot 2 ac (87,076 SF)
APN 21-07-36.-111
UPID US66-2729316

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Cafe & Coffee Shop

Location

501 Chamber Dr, Unit 507 Milford, OH 45150-1498
Milford metro Census 41406 CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.95M
CAP Approach CAP
$2.96M
Comparable Approach Comparable
$3.63M
Blend (final) Blend
$3.63M

Owner & transaction history

since 2022
Last sale
$2.9M
7 recorded transactions
2022
$2.9M
2016
Price N/A
2014
$622,000
2010
Price N/A
2010
Price N/A
2010
Price N/A
2010
$475,500

Zoning & alternative use

Top alternative use upside
Medical building $5.4M +130.7%
Office building $3.6M +55.5%
Commercial (general) $3.4M +45.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 501 Chamber Dr, Unit 507?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message