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Flex Property with Warehouse Space
For Sale
$554,900

20750 Ostrich Lot#3 Drive, Lebanon, MO 65536

Commercial Sale, Lebanon, MO

Property Size4,312 SF
Lot Size2.03 Acres
Price / SF$128.69
Days on Market95

Property Features for 20750 Ostrich Lot#3 Drive

General Information

Property type Commercial Sale
Property subtype Retail
Parking features Driveway
Subdivision LEBANON CITY ANNEX
Directions From south Jefferson ave to right on Fremont Ave to left on Ostrich Dr. Property will be on your left.
Standard status Active
APN 13-7.0-26-002-001-005.005
Lot size 2.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LEBANON ACREAGE 26-34-16 1.12 ACRES PT NWNW1/4, PT SWNW1/4
Tax Annual Amount 6458
Legal Description LEBANON ACREAGE 26-34-16 1.12 ACRES PT NWNW1/4, PT SWNW1/4

Utilities

Utilities Cable Available
Heating system Propane (Heating), Electric (Heating), Forced Air
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1998
Floors in Building 2
Building materials Brick
Listing Agency: RE/MAX Next Generation · RE/MAX International
Listed By: Aaron Dennis · License #2017029664
Added: Jun 5 Changed: Sep 4 Last Checked: Sep 7 at 4:06PM
MLS# 26034983

Copyright © 2026 Mid America Regional Information Systems, Inc. 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 1998 brick flex property brings multiple commercial functions and residential space together in one building. The layout includes approximately 5,000 square feet of warehouse area, a 4,312-square-foot office complex, and a 2,409-square-foot apartment on the upper level. Interior improvements include meeting and gathering areas, several kitchen spaces, private offices, and multipurpose rooms.

Located at 20750 Ostrich Lot#3 Drive in Lebanon, Missouri, the property includes a fenced parking area with gated access. The building has central air, electric cooling, forced-air heating, propane heating, public water, and cable availability. A driveway provides on-site parking access.

Key Highlights

  • Approximately 5,000 square feet of warehouse space
  • 4,312‑square‑foot office complex with private offices and multipurpose rooms
  • 2,409‑square‑foot upstairs apartment

Property Analytics

Current Use

Flex space

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby
Well-served
Demand for This Use

Demographics for 65536, MO

29,550
Population
13,156
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
86%
High-School Grad
402.2 sq mi
ZIP Area
73
Density / Sq Mi
$50,902
Median Household Income
$35,140
Median Earnings
$805
Median Rent
$159,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Combined office, warehouse, and upstairs residential space supports live-work use.
Where is this flex space located?
The property is located at 20750 Ostrich Lot#3 Drive Lebanon, MO.
What is the asking price?
The asking price for this property is $554,900.
What are key features of this property?
This property features: Approximately 5,000 square feet of warehouse space; 4,312‑square‑foot office complex with private offices and multipurpose rooms; 2,409‑square‑foot upstairs apartment
More about this property
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