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    Union Rd Lebanon, OH 45044

    For Sale
    Contact for pricing

    Prime Ohio Land: I-75 Access, Flexible Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional land parcel, known as Union Ren Farms, presents a unique investment opportunity in Butler County, Ohio. Located on Union Road in Middletown (zip code 45044), this property boasts a highly desirable location with convenient access to Interstate 75 and State Route 122 (Exit 32), situated approximately one mile from I-75. The site offers a significant acreage ranging from 2 to 92.5 acres, providing ample space for a variety of development projects. The property benefits from flexible BCF (Business Center Flex) zoning, allowing for diverse uses including manufacturing, light industrial, office space, conference centers, medical facilities, assisted living facilities, and research and development. Residential zoning is also a possibility, opening up further development options. All utilities are available on-site, including Middletown Water and Sewer. Strategically located on the east side of I-75 in Warren County, this property is ideally positioned within a thriving commercial area, approximately 32 miles north of Cincinnati and 22 miles south of Dayton. Future development plans include 319 high-end apartments, highlighting the area's strong growth potential. This prime location and flexible zoning make this a truly exceptional opportunity for investors seeking significant returns.

    Property Features for 0 Union Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Coming soon: 319 high‑end apartments.
    • Excellent I‑75 and SR 122 (Exit 32) access; approximately one mile from I‑75.
    • All utilities available on‑site, including Middletown Water and Sewer.
    • Prime location on I‑75's east side in Warren County.
    • Thriving commercial area; convenient access to I‑75, 32 miles north of Cincinnati and 22 miles south of Dayton.
    • Flexible BCF zoning allows for manufacturing, light industrial, office, conference center, medical, assisted living, and R&D uses; residential zoning also possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lebanon
    County
    Butler
    State
    Ohio
    Longitude
    -84.30896
    Latitude
    39.5085

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    FAQs

    What type of property is this?
    Land - Prime Ohio Land: I-75 Access, Flexible Zoning
    Where is this land located?
    The property is located at Union Rd Lebanon, OH.
    What are key features of this property?
    This property features: Coming soon: 319 high-end apartments.; Excellent I-75 and SR 122 (Exit 32) access; approximately one mile from I-75.; All utilities available on-site, including Middletown Water and Sewer.
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    Union Rd Lebanon, OH 45044
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    Lebanon, OH 45044
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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
    Union Rd Lebanon, OH 45044
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