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    2453 Rte 122 Lebanon, OH 45036

    Sponsored
    For Sale
    Contact for pricing

    High-traffic Ohio commercial lot, 1 acre.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Lebanon, Ohio. Situated at the intersection of three state routes, this property benefits from unparalleled visibility and accessibility. Its location at one of only two interchanges in Clearcreek Township ensures high traffic volume, making it ideal for a variety of commercial ventures. The property is zoned for General Business use, offering flexibility for diverse development plans. With its strategic location and convenient access, this lot provides exceptional exposure to a large customer base. The 1-acre size allows for ample space for construction and development, catering to a range of business needs. This is a rare opportunity to acquire a highly visible and accessible commercial property in a thriving Ohio market. The property's location at the convergence of three state routes guarantees significant traffic flow, maximizing potential for business success. This prime location offers unparalleled exposure and accessibility, making it an attractive investment for businesses seeking a high-traffic location in Warren County. The General Business zoning allows for a wide range of commercial uses, providing flexibility and potential for future growth.

    Property Features for 2453 Rte 122

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre commercial lot, one of only two commercially zoned interchanges in Clearcreek Township.
    • General Business zoning.
    • High‑traffic location at the intersection of three state routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lebanon
    County
    WARREN
    State
    Ohio
    Longitude
    -84.215014
    Latitude
    39.4354232

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    FAQs

    What type of property is this?
    Land - High-traffic Ohio commercial lot, 1 acre.
    Where is this land located?
    The property is located at 2453 Rte 122 Lebanon, OH.
    What are key features of this property?
    This property features: 1-acre commercial lot, one of only two commercially zoned interchanges in Clearcreek Township.; General Business zoning.; High-traffic location at the intersection of three state routes.
    Request Owner's contact information
    2453 Rte 122 Lebanon, OH 45036
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    Lebanon, OH 45036
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    Realmo Value Estimation

    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.

    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.

    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
    2453 Rte 122 Lebanon, OH 45036
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