995 Elm St Milford, OH 45150
- Parking lots & garages
- 1,080 SF
- 10.66 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 995 Elm St
- Year built
- 1992
- Construction
- CONCRETE BLOCKS
- Lot size
- 10.66 lot acres
- Property size
- 1,080 SF
- Property type
- Parking lots & garages
- APN
- 18-25-16F-332
- APU
- 182516F332
Description
This exceptional 14.2-acre commercial property in Milford, Ohio, presents a unique investment opportunity. Currently operating as a highly profitable salvage yard for over 50 years, the site boasts a substantial 17,500 square-foot metal building, multiple warehouses, office space, and two houses. The property features a partially concreted lot, offering significant flexibility for various uses. Its strategic location, just three-quarters of a mile from the intersection of Interstates 275, 75, and 71, ensures high visibility and accessibility. The property is zoned B3, allowing for diverse commercial applications. The existing structures, totaling 10,272 square feet, comprise nine buildings constructed in 1992. The property's APN is 18-25-16F-332; 16F333, 16F051, 181427B004. Should the buyer opt to purchase the land only, the existing inventory will be removed prior to closing, and the asking price of $3,900,000 will be adjusted accordingly. This prime location in rapidly growing Miami Township offers significant potential for future development and substantial returns. The property's multi-use zoning and existing infrastructure make it an ideal candidate for a wide range of commercial ventures. This is a rare opportunity to acquire a large, well-located commercial property with a proven track record of success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Clermont
- State
- Ohio
- Longitude
- -84.2465
- Latitude
- 39.1907
- CBSA code
- 17140
- CBSA name
- CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA
