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    Property profile & analytics

    502 Techne Ctr Dr Milford, OH 45150-8774

    • Office buildings
    • 36,000 SF
    • 6.15 lot acres
    OFF-MARKET
    Value Estimation
    $11,015,000
    Last Sale
    Dec 22, 2023
    $10,200,000
    Location Intelligence
    Property ID
    US66-2310183
    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

    • Fluid Conservation Systems Inc / Environmental Program
    • ECOROLL Corporation Tool Technology / Tool Manufacturer
    • Park River Corporation / Corporate Office

    Property Details for 502 Techne Ctr Dr

    Year built
    1985
    Construction
    BRICK
    Lot size
    6.15 lot acres
    Property size
    36,000 SF
    Property type
    Office buildings
    APN
    19-24-10F-113
    APU
    192410F113

    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%
      $11,375,000
      6.5%
      $11,120,000
      7%
      $9,505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,655,000
      Geo Method
      $11,830,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,925,000
      Retail
      $10,460,000
      Mixed-Use
      $8,715,000
      Hospitality
      $8,300,000
      Educational
      $7,850,000
      Residential Income
      $8,455,000
      Energy
      $10,645,000
      Income-Based Land
      $10,655,000
      Food Service
      $10,805,000

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Clermont
    State
    Ohio
    Longitude
    -84.2476
    Latitude
    39.1548
    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
    $23,216
    $128,030
    $175,810
    $303,840
    -
    $365,800
    $502,300
    $868,100

    Comparable in this City

    • Value Estimation by Request
      1,480 SF

      1170 State Rte 28

      OFFICE BUILDING • 1,480 SF
      1170 State Rte 28, Milford, OH 45150-2155
      View Details
    • Value Estimation by Request
      6,462 SF

      1160 State Rte 28

      OFFICE BUILDING • 6,462 SF
      1160 State Rte 28, Milford, OH 45150-2155
      View Details
    • Value Estimation
      $360,000
      2,600 SF

      741 Main St

      OFFICE BUILDING • 2,600 SF
      741 Main St, Milford, OH 45150-1723
      View Details
    • Value Estimation by Request
      2,208 SF

      235 Main St

      OFFICE BUILDING • 2,208 SF
      235 Main St, Milford, OH 45150-1179
      View Details
    • Value Estimation
      $530,000
      4,167 SF

      212 Main St

      OFFICE BUILDING • 4,167 SF
      212 Main St, Milford, OH 45150-1163
      View Details
    • Value Estimation
      $210,000
      1,555 SF

      538 Main St

      OFFICE BUILDING • 1,555 SF
      538 Main St, Milford, OH 45150-1150
      View Details

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      Office building with high traffic frontage and flexible space.
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    Similar Nearby for Lease

    • $11 SF/Yr
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      Office Space in Milford, Ohio

      Office space available in the Park 50 TechneCenter.
      501 Techne Center Dr, Milford, OH 45150
      View Details
    • $11 SF/Yr
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      Class A Office Space

      Class A office space in a professional campus setting.
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      View Details
    • Contact for pricing
      1 SF

      Prime Milford Retail Pad Site

      High-traffic location, 1.5 acres.
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      Retail Space on Main Street

      Retail space available for lease on Main Street.
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    • Contact for pricing
      17,600 SF

      Warehouse/Storage with Drive-in Door

      Warehouse/Storage space featuring a drive-in door and sub-metered electric.
      200 Techne Center Dr, Milford, OH 45150
      View Details
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    Milford, OH 45150-8774
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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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