123 And I-71 - Lebanon, OH 45036
Exceptional development opportunity awaits at Interstate Lebanon, situated at the intersection of I-71 and State Route 123 in Lebanon, Ohio (zip code 45036). This expansive property, totaling 173 acres, presents a unique blend of land uses, ideal for a variety of projects. The site includes 19 acres zoned for retail development, 39 acres designated for light industrial use, and the remaining acreage available for residential or commercial development under B-2-R/I-1/R-1A zoning. Located within the joint Economic Development District of Lebanon and Turtlecreek Township, this location benefits from a planned future sewer line, unlocking significant development potential across large tracts. The property serves as the planned gateway to a rapidly expanding residential and commercial area, ensuring strong future growth. Its strategic position offers immediate access to I-71, providing unparalleled convenience for commuters and customers alike. A nearby $9 million Pilot/Flying J development further underscores the area's economic vitality and growth trajectory. This is one of the last undeveloped interstate interchanges in Southwestern Ohio, presenting a rare and highly sought-after investment opportunity. The property's location in Warren County offers a compelling combination of accessibility, growth potential, and established infrastructure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.