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    920 Columbus Ave Lebanon, OH 45036

    For Sale
    $650,000

    High-traffic Ohio land, $650,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land parcel, located at 920 Columbus Ave in Lebanon, Ohio (zip code 45036), presents a unique investment opportunity. Situated in Warren County, this property boasts excellent visibility and high traffic counts, with over 22,000 vehicles passing daily. Its prime location within the Lebanon retail corridor places it strategically between the major metropolitan areas of Cincinnati and Dayton, offering easy access to a large consumer base. The asking price for this land is $650,000. The property is classified as commercial land and presents a blank canvas for development, allowing for a wide range of commercial uses. Its central location and high visibility make it ideal for businesses seeking maximum exposure and accessibility. The property is conveniently located near Vance Outdoors, further enhancing its desirability and potential for synergistic business relationships. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving Ohio market. Detailed site plans and further information are available upon request.

    Property Features for 920 Columbus Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Warren
    State
    Ohio
    Longitude
    -84.185081357675
    Latitude
    39.448683787457

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    FAQs

    What type of property is this?
    Land - High-traffic Ohio land, $650,000
    Where is this land located?
    The property is located at 920 Columbus Ave Lebanon, OH.
    What is the asking price?
    The asking price for this property is $650,000.
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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
    920 Columbus Ave Lebanon, OH 45036
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