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Prime Land Opportunity in Lebanon
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State Route 123 And I-71 - Lot 1, Lebanon, OH 45036

115 acres for residential or commercial development in Lebanon, OH.

Property SizeContact for details
Lot Size115.00 Acres
Days on Market3294

Property Features for State Route 123 And I-71 - Lot 1

General Information

Standard status Active
Lot size 115.00 Acres
Property subtype Land
Zoning B-2-R/ I-1/ R-1A
Listing Agency: The Schueler Group
Listed By: Mike Lovell · License #OH
Source: Crexi
Added: Aug 7, 2017 Changed: Aug 8 Last Checked: Aug 8 at 4:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Schueler Group

Investment Insights

Based on property information with market context.

Located at Interstate 71 & State Route 123 in Lebanon, OH, this land opportunity offers a total of 115 acres for residential or commercial development. 19 acres are designated for retail, 39 acres for light industrial, and the remaining acreage is available for residential or commercial use. Situated in the joint Economic Development District of Lebanon and Turtlecreek Township, this property benefits from its strategic location and future sewer line, opening up expansive development tracts. It is the planned gateway district to a fast-growing residential and commercial area. The property boasts immediate access to I-71, making it easily accessible for both commuters and customers.

Key Highlights

  • Prime location at the last undeveloped interchange in SW Ohio (I‑71 & State Route 123).
  • Large 115‑acre property suitable for residential or commercial development.
  • Designated acreage for retail (19 acres) and light industrial (39 acres).

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

Demographics for 45036, OH

41,060
Population
15,036
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
92%
High-School Grad
81.2 sq mi
ZIP Area
506
Density / Sq Mi
$97,944
Median Household Income
$51,565
Median Earnings
$1,090
Median Rent
$317,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Land - 115 acres for residential or commercial development in Lebanon, OH.
Where is this land located?
The property is located at State Route 123 And I-71 - Lot 1 Lebanon, OH.
What are key features of this property?
This property features: Prime location at the last undeveloped interchange in SW Ohio (I‑71 & State Route 123).; Large 115‑acre property suitable for residential or commercial development.; Designated acreage for retail (19 acres) and light industrial (39 acres).
(513) 228-6229 Call to check price and availability
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