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    Property profile & analytics

    501 Techne Center Dr Milford, OH 45150

    • Investment properties
    • 36,720 SF
    • 5.07 lot acres
    For Lease
    View listing
    $9 SF/Yr
    Value Estimation
    $11,060,000
    Last Sale
    Dec 22, 2023
    $10,200,000
    Location Intelligence
    Property ID
    US66-1825872
    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

    • Conveyor Technologies Ltd. / Manufacturer / Material Handling Equipment Supplier
    • The Pack Lab LLC / Warehouse
    • Alford’s Custom Hardwood Floors / Flooring Contractor
    • Maximum Fire Protection / Fire Protection Service

    Property Details for 501 Techne Center Dr

    Year built
    1984
    Construction
    BRICK
    Lot size
    5.07 lot acres
    Property size
    36,720 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    19-24-10F-111
    APU
    192410F111

    Description

    This exceptional Class A office space, located at 501 Techne Center Drive in Milford, Ohio, presents a unique leasing opportunity. The property, built in 1983, offers a total of 35,206 square feet, with 7,912 square feet currently available for lease. Situated in the desirable Milford submarket of Clermont County, this traditional office space is also suitable for executive office needs. The building boasts a multiple tenancy structure, providing a dynamic and collaborative environment. The address is conveniently located in Milford, Ohio, with a zip code of 45150. This prime location offers easy access to major transportation routes and amenities. The available 7,912 square feet provides ample space for a variety of business needs, from small startups to established corporations. The property's Class A designation reflects its high-quality construction, modern amenities, and excellent overall condition. This is an ideal opportunity to secure a prominent presence in a thriving business community. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $12,095,000

    • CAP approach

      CAP return
      Estimation
      6%
      $10,955,000
      6.5%
      $9,795,000
      7%
      $10,365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,180,000
      Geo Method
      $11,200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,895,000
      Retail
      $11,800,000
      Mixed-Use
      $9,310,000
      Hospitality
      $8,705,000
      Educational
      $9,520,000
      Residential Income
      $8,450,000
      Energy
      $10,025,000
      Income-Based Land
      $8,790,000
      Food Service
      $11,755,000

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Clermont
    State
    Ohio
    Longitude
    -84.2492
    Latitude
    39.1561
    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
    $20,660
    $103,880
    $166,500
    $270,380
    -
    $296,800
    $475,700
    $772,500

    Comparable in this City

    • Value Estimation by Request
      21,000 SF

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    • Value Estimation by Request
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      401 Milford Pkwy

      STORE/OFFICE (MIXED USE) • 220,050 SF
      401 Milford Pkwy, Milford, OH 45150-1298
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    • Value Estimation by Request
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      1615 State Rte 131

      STORE/OFFICE (MIXED USE) • 16,600 SF
      1615 State Rte 131, Milford, OH 45150-2667
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    • Value Estimation by Request
      2,604 SF

      793 Round Btm Rd

      STORE/OFFICE (MIXED USE) • 2,604 SF
      793 Round Btm Rd, Milford, OH 45150-9509
      View Details
    • Value Estimation
      $310,000
      12,000 SF

      26 Whitney Dr

      STORE/OFFICE (MIXED USE) • 12,000 SF
      26 Whitney Dr, Milford, OH 45150-9783
      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

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    501 Techne Center Dr
    Milford, OH 45150
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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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