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    Rdg Dr Lebanon, OH 45036

    For Sale
    Contact for pricing

    1.48 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.48-acre commercial land parcel presents a remarkable investment opportunity in the thriving business district of Lebanon, Ohio. Strategically located at the intersection of Monroe Road and East Ridge Drive, this property boasts unparalleled visibility and accessibility. Its Commercial zoning allows for a wide range of development possibilities, catering to diverse business needs. The site benefits from a convenient curb-cut access directly off East Ridge Drive, ensuring seamless ingress and egress. All essential utilities are readily available on-site, simplifying the development process and minimizing upfront costs. The property's prime location offers significant advantages, with close proximity to high-traffic thoroughfares. US-42, boasting over 12,000 vehicles daily, and US-48, with over 8,000 vehicles daily, provide exceptional exposure to a large potential customer base. This translates to increased visibility and potential for substantial return on investment. This exceptional location, coupled with the readily available utilities and convenient access, makes this 1.48-acre parcel an ideal site for a variety of commercial ventures. Don't miss this chance to secure a prime piece of Lebanon real estate. The property is situated in Warren County, Ohio, with a 45036 zip code.

    Property Features for 0 Rdg Dr

    General Information

    Property type
    Land
    Lot Size
    64,469 SF

    HighLights

    • Prime Lebanon business district location.
    • High traffic counts: US‑42 (12,000+ VPD) and US‑48 (8,000+ VPD) proximity.
    • All utilities available on‑site.
    • Convenient curb cut access from East Ridge Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lebanon
    County
    Warren
    State
    Ohio
    Longitude
    -84.1842168
    Latitude
    39.4470988

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    FAQs

    What type of property is this?
    Land - 1.48 Acres, High Traffic Area
    Where is this land located?
    The property is located at Rdg Dr Lebanon, OH.
    What are key features of this property?
    This property features: Prime Lebanon business district location.; High traffic counts: US-42 (12,000+ VPD) and US-48 (8,000+ VPD) proximity.; All utilities available on-site.
    (513) 228-6229
    Request Owner's contact information
    Rdg Dr 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
    Rdg Dr Lebanon, OH 45036
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