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Property profile & analytics
OFF-MARKET
Estimated value
$9,425,000
Office buildings
55 Techne Ctr Dr, Milford, OH 45150-8901
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1683090
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
54,810 SF
Lot
7.02 ac (305,661 SF)
APN
19-24-10F-080
UPID
US66-1683090
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
-
Youthland Academy - Milford Daycare Center
-
Greene Respiratory Services Production Facility
-
M4 Knick LLC Factory Industrial Manufacturer
-
Spraying Systems Co Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.83M
CAP Approach
CAP
$8.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.43M
Owner & transaction history
Jfsg Investments LLC · 2 yrs held
Jfsg Investments LLC
since 2023
Last sale
$10.2M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$12,095,000
ML approach
$8,825,000
CAP Approach
CAP Return
Estimation
6%
$9,170,000
6.5%
$8,465,000
7%
$7,860,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,115,000
Current use
COMMERCIAL (GENERAL)
$11,370,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$9.43M
Range $8.48M – $10.37M · ±10% · vs last sale $10.20M (Dec 22 2023)
Last sale anchor
$10.20M
Dec 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$172 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$44,927
Tax year 2023
Assessed value
$587,970
Assessed 2023
Previous assessed
$587,970
+0.0% YoY
Effective rate
7.64%
On assessed value
Assessed land
$150,220
Assessed improvement
$437,750
Land market value
$429,200
Improvement market value
$1,250,700
Total market value
$1,679,900
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Total area
54,810 SF
Lot
7.02 ac (305,661 SF)
APN
19-24-10F-080
UPID
US66-1683090
Jurisdiction
CLERMONT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$12.1M
COMMERCIAL (GENERAL)
Est. value
$11.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
7.02 ac
Current owner
From public records · entity-resolved
Jfsg Investments LLC
Entity
Mailing address
1000 FRD CIR STE A, MILFORD, OH 45150-2732
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
—
Jfsg Investments LLC
Gpk Partners LLC
Quit Claim Deed
related
$9,000,000 · Cf Bank
Jun 2, 2022
—
Gpk Partners LLC
—
Deed
related
$13,833,000 · Peoples Bank
Jan 11, 2022
$10,200,000
Gpk Partners LLC
Jpmbb 2013 C12 Techne Center Drive
Limited Warranty Deed
—
Oct 16, 2018
$7,000,000
Jpmbb 2013-c12 Techne Ctr Driv
Sheriff / Clermont County|park 50 II LLC
Trustees Deed
related
—
May 24, 2013
—
Park 50 II LLC
Park 50 LLC
Quit Claim Deed
$14,500,000 · Barclays Bank Plc
Aug 5, 2008
—
Park 50 LLC
Oh Community Ltd
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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