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Property profile & analytics
OFF-MARKET
Land

123 And I-71 - Lebanon, OH 45036

19 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 19 ac (827,640 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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