501 Techne Center DrMilford, OH 45150

Property Details for 501 Techne Center Dr

Year built

1984

Construction

BRICK

Lot size

5.07 AC

Property size (Sq ft)

36,720 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

19-24-10F-111

APU

192410F111

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $6,074,642

  6.5%

  $5,607,362

  7%

  $5,206,836

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,068,398

  Geo Method

  $7,068,398

• Alternative Use

  Use

  Valuation

  Residential

  $5,607,362

  Hospitality

  $5,136,314

  Educational

  $4,273,352

  Medical

  $4,420,320

  Retail

  $6,647,437

Location Insight

City

Milford

County

Clermont

State

Ohio

Latitude

39.1561

Longitude

-84.2492

CBSA code

17140

CBSA name

CINCINNATI-MIDDLETOWN, OH-KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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