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    916 Columbus Ave Lebanon, OH 45036

    For Sale
    $650,000

    High-traffic retail land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1-acre commercial land parcel is ideally situated on Columbus Avenue in Lebanon, Ohio, within Warren County. Boasting excellent visibility and a prime location in the Lebanon retail corridor, this property benefits from high daily traffic counts exceeding 22,000 vehicles. Its central location between Cincinnati and Dayton offers unparalleled access to a large consumer base. The asking price is $650,000. This presents a unique opportunity to establish a business in a thriving area, particularly given the presence of Vance Outdoors nearby. The property's high visibility and strategic placement make it an attractive investment for businesses seeking maximum exposure and convenient access for customers. The one-acre lot provides ample space for development, allowing for flexibility in design and construction. This is a rare chance to acquire a highly desirable commercial property in a rapidly growing market. Serious inquiries are encouraged. The property address is 916 Columbus Ave, Lebanon, OH 45036.

    Property Features for 916 Columbus Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $650,000 asking price for 1‑acre commercial land parcel.
    • High visibility location in Lebanon, Ohio's retail corridor.
    • Situated in Warren County, OH, between Cincinnati and Dayton.
    • High traffic count exceeding 22,000 vehicles daily.
    • Opportunity to join Vance Outdoors in a prime location.
    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
    -84.1835693
    Latitude
    39.4487154

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, prime location.
    Where is this land located?
    The property is located at 916 Columbus Ave Lebanon, OH.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price for 1-acre commercial land parcel.; High visibility location in Lebanon, Ohio's retail corridor.; Situated in Warren County, OH, between Cincinnati and Dayton.
    Request Owner's contact information
    916 Columbus Ave 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
    916 Columbus Ave Lebanon, OH 45036
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