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Property profile & analytics
FOR LEASE
Investment properties

501 Techne Center Dr Milford, OH 45150

36,720 SF 5.07 ac lot Built 1984
Entity Owned 2-yr Hold Free & Clear
Property ID
US66-1825872
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1984
Construction BRICK
Total area 36,720 SF
Lot 5.07 ac (220,849 SF)
APN 19-24-10F-111
UPID US66-1825872
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
  • Conveyor Technologies Ltd. Industrial Manufacturer Production Facility
  • The Pack Lab LLC Warehouse & Storage
  • Alford’s Custom Hardwood Floors General Contractor Renovation Specialist
  • Maximum Fire Protection General Contractor Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.40M
Owner & transaction history
Jfsg Investments LLC · 2 yrs held
Jfsg Investments LLC
since 2023
Last sale
$10.2M
6 recorded transactions
2023
Price N/A
2022
Price N/A
2022
$10.2M
2018
$7.0M
2013
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $13.1M +71.7%
Medical building $12.0M +58.1%
Office building $8.1M +6.6%
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