Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1087 Mane Way Lebanon, OH

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5 SF/Yr ($12,420 /Mo)

    Warehouse space available for lease featuring 20 ft ceilings.

    Property size:
    25,920 SF
    Lot size:
    291.40 Acres

    Property Features for 1087 Mane Way

    General Information

    Size
    25,920 SF
    Lot size
    291.40 Acres

    We can help!

    Listing Contact
    Mike Lovell
    Mike Lovell
    Source: Moodyscre

    Listing Agent: Mike Lovell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Lebanon Warehouse Space For Lease

    This attractive lease opportunity is located in Lebanon, OH. The multi-tenant building offers warehouse and industrial space. The property features 20 ft clear height ceilings and 3 phase 400 amp electric. Building signage is available. The property size is 25,920 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Dental Office Law Firm Hair Salon Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    LEBCO Stor & Lock, Sincerely Movers, Crozet Self Storage Unit

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Warren
    State
    Ohio
    Longitude
    -84.2029922
    Latitude
    39.4353373

    Nearby Similar for Lease

    • Contact for pricing
      11,700 SF

      Union Village Retail Opportunity

      Retail spaces available in Union Village Square shopping center.
      741 North Of Rte, Lebanon, OH 45036
      View Details
    • Contact for pricing
      1,183,475 SF

      C5 Encore Logistics Center

      Modern Ohio Logistics Campus, 1M+ SF
      760 Encore Dr, Lebanon, OH 45036
      View Details
    • Contact for pricing
      5,733 SF

      Former Restaurant Building on 1.43 Acres

      5,733 SF building suitable for restaurant or retail use.
      5571 Rte, Lebanon, OH
      View Details
    • $9 SF/Yr
      25,699 SF

      Industrial Space Available For Lease

      25,699 SF industrial space available for lease in Lebanon, OH.
      1245 Kingsview Dr, Lebanon, OH 45036
      View Details
    • $216 SF/Yr
      4,790 SF

      Lebanon, OH Commercial Space

      Flexible Office & Warehouse Units in Lebanon, Ohio
      3515 Columbia Rd, Lebanon, OH 45036
      View Details
    • $12 SF/Yr
      66,846 SF

      Prime Lebanon Retail Space

      Large Retail Space Available Now
      1235 Columbus Ave, Lebanon, OH 45036
      View Details
    • Contact for pricing
      8,800 SF

      Prime Lebanon Restaurant Space

      8,800 SF Restaurant, High Visibility
      1250 Hamilton Lebanon Rd, Lebanon, OH 45036
      View Details
    • Contact for pricing
      25,198 SF

      Retail Space in Lebanon, Ohio

      Retail space available for lease in Lebanon, Ohio.
      1231-1235 Columbus Ave, Lebanon, OH
      View Details
    • $9 SF/Yr
      25,699 SF

      Industrial Space in Thriving District

      25,699 SF industrial space in Lebanon, OH for lease.
      1425 Kingsview Dr, Lebanon, OH
      View Details
    • $9 SF/Yr
      25,699 SF

      Industrial Space in Lebanon, OH

      25,699 SF industrial space available for lease in Lebanon.
      1245 Kingsview Dr, Lebanon, OH
      View Details
    • $16 SF/Yr
      2,260 SF

      Retail Space Near Walmart

      2,260 SF retail space in front of Walmart.
      1525 Genntown Dr, Lebanon, OH
      View Details
    • $11 SF/Yr
      6,500 SF

      Commercial Office Building For Rent

      6,500 sq ft office building with ample parking.
      3989 S Us Rte, Lebanon, OH
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse space available for lease featuring 20 ft ceilings.
    Where is this warehouse located?
    The property is located at 1087 Mane Way Lebanon, OH.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - 20 ft clear height ceilings; - 3 phase 400 amp electric; - Attractive lease opportunity
    (513) 373-8672
    Request Owner's contact information
    1087 Mane Way Lebanon, OH
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1087 Mane Way
    Lebanon, OH
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1087 Mane Way Lebanon, OH
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mike Lovell
    Mike Lovell
    (513) 373-8672
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.