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Light Industrial Land Tract
For Sale
$623,250

1 S Woodlawn Avenue, Lebanon, KY 40033

LAND - Lebanon, KY

Property SizeContact for details
Lot Size8.31 Acres
Days on Market80

Property Features for 1 S Woodlawn Avenue

General Information

Property type Land
Property subtype Other
Zoning description Commercial
Standard status Active
APN 065-140
Lot size 8.31 Acres
Listing Agency: Mcelroy Wharton & Boldrick RE LLC
Listed By: Derinda K Osbourne
Added: Jun 5 Changed: Jul 16 Last Checked: Aug 23 at 4:06PM
MLS# 11801825

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale light industrial land tract consists of 8.31 acres and is described as flat and build ready. The property is zoned for light industrial use, offering a straightforward development platform for compatible uses.

The site is located just off East Main Street, in the 200 block of South Walnut Avenue, within Lebanon in Marion County, Kentucky. The listing notes convenient proximity to major transportation routes and nearby industrial and business activity.

The offering also references the possibility of additional acreage through assemblage of adjoining properties, with up to 11.94+/- total acres available through that process.

Key Highlights

  • 8.31‑acre tract zoned for light industrial use
  • Flat, build‑ready property just off East Main Street in the 200 block of South Walnut Avenue
  • Potential to assemble adjoining properties for up to 11.94+/- total acres (pricing available upon request)

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Building Supply Kitchen & Bath Showroom Catering Service Gym & Fitness Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 40033, KY

12,726
Population
5,167
Households
2.5
Avg Household Size
40
Median Age
11%
College-Educated
87%
High-School Grad
140.4 sq mi
ZIP Area
91
Density / Sq Mi
$49,642
Median Household Income
$37,566
Median Earnings
$733
Median Rent
$160,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Flat, build-ready land zoned for light industrial use on 8.31 acres in Lebanon, Kentucky.
Where is this industrial land located?
The property is located at 1 S Woodlawn Avenue Lebanon, KY.
What is the asking price?
The asking price for this property is $623,250.
What are key features of this property?
This property features: 8.31‑acre tract zoned for light industrial use; Flat, build‑ready property just off East Main Street in the 200 block of South Walnut Avenue; Potential to assemble adjoining properties for up to 11.94+/- total acres (pricing available upon request)
More about this property
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