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    Property profile & analytics

    5694 Romar Dr Milford, OH 45150-8505

    • Retail space
    • 132,622 SF
    • 14.78 lot acres
    OFF-MARKET
    Value Estimation
    $875,000
    Location Intelligence
    Property ID
    US66-1470033
    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

    • Primo Water Exchange / Bottled Water Supplier
    • Minute Key, Inc. / Key Duplication Service / Vending Machine Supplier
    • Lowe's Home Improvement / Hardware Store / Lawn Equipment Rental Service
    • Minute Key / Key Duplication Service
    • Lowe's ProServices / Building Materials Supplier

    Property Details for 5694 Romar Dr

    Year built
    2003
    Construction
    CONCRETE BLOCKS
    Lot size
    14.78 lot acres
    Property size
    132,622 SF
    Property type
    Retail space
    APN
    18-25-13B-235T
    APU
    182513B235T

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $935,000

    • CAP approach

      CAP return
      Estimation
      6%
      $995,000
      6.5%
      $980,000
      7%
      $945,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $850,000
      Geo Method
      $880,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $890,000
      Retail
      $990,000
      Mixed-Use
      $940,000
      Hospitality
      $950,000
      Educational
      $830,000
      Residential Income
      $865,000
      Energy
      $965,000
      Income-Based Land
      $1,020,000
      Food Service
      $910,000

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Clermont
    State
    Ohio
    Longitude
    -84.2592
    Latitude
    39.1859
    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
    $0.00
    $255,570
    $1,207,080
    $1,462,650
    -
    $730,200
    $3,448,800
    $4,179,000

    Comparable in this City

    • Value Estimation by Request
      132,622 SF

      5694 Romar Dr

      RETAIL STORES (PERSONAL SERVICES) • 132,622 SF
      5694 Romar Dr, Milford, OH 45150-8505
      View Details
    • Value Estimation by Request
      210,444 SF

      1082 State Rte 28

      RETAIL STORES (PERSONAL SERVICES) • 210,444 SF
      1082 State Rte 28, Milford, OH 45150-4933
      View Details
    • Value Estimation by Request
      950 SF

      Eunita Dr

      RETAIL STORES (PERSONAL SERVICES) • 950 SF
      Eunita Dr, Milford, OH 45150
      View Details
    • Value Estimation
      $2,225,000
      9,900 SF

      225 Rivers Edge

      RETAIL STORES (PERSONAL SERVICES) • 9,900 SF
      225 Rivers Edge, Milford, OH 45150-2592
      View Details
    • Value Estimation
      $320,000
      1,872 SF

      28 Glendale Milford Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,872 SF
      28 Glendale Milford Rd, Milford, OH 45150-3008
      View Details
    • Value Estimation
      $485,000
      3,044 SF

      202 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 3,044 SF
      202 Locust St, Milford, OH 45150-1118
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,400 SF

      Retail Space Near Kroger

      Retail property with pylon signage and dedicated parking available.
      914 Lila Ave, Milford, OH 45150
      View Details
    • Contact for pricing
      6,500 SF

      Downtown Milford Retail Redevelopment

      6,500 SF Multi-Tenant Retail Opportunity
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      5,448 SF

      Former Restaurant Building on Lila

      5,449 SF building on 1.49 acres in Milford, OH.
      840 Lila Ave, Milford, OH 45150
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    • Contact for pricing

      Retail Property on State Route

      Retail property available for sale on State Route 28.
      1177 State Route 28, Milford, OH 45150
      View Details
    • $1,210,500
      2.00 Acres

      Miami Commons Commercial Land

      Prime Milford, OH commercial land. High traffic, great zoning.
      0 Us-50, Milford, OH 45150
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    • $425,000

      3.45 Acres on Wolfpen Pleasant

      3.45 acres of land for sale on Wolfpen Pleasant.
      Wolfpen Pleasant Hill Rd, Milford, OH 45150
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    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space on Main Street

      Retail space available for lease on Main Street.
      780-824 Main St, Milford, OH 45150
      View Details
    • $20 SF/Yr
      11 SF

      Prime Retail Space Available

      Highly visible retail space in a well-maintained center.
      5976 Meijer Dr, Milford, OH 45150
      View Details
    • $12 SF/Yr
      2,400 SF

      Retail Space in Milford, Ohio

      2,400 SF retail space available for lease.
      1111 State Route 28, Milford, OH 45150
      View Details
    • $10 SF/Yr
      1,600 SF

      Retail Space Available For Lease

      Retail space available for lease in Milford, Ohio.
      1007-1019 State Route 28, Milford, OH 45150
      View Details
    • Contact for pricing
      1,600 SF

      Retail Spaces Available For Lease

      Retail spaces available for lease in Milford, Ohio.
      1079-1083 State Route 28, Milford, OH 45150
      View Details
    • Contact for pricing
      1 SF

      Prime Milford Retail Pad Site

      High-traffic location, 1.5 acres.
      1165 Oh-28, Milford, OH 45150
      View Details
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    Milford, OH 45150-8505
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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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