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Property profile & analytics
OFF-MARKET
Land

1787 Oh-63 Lebanon, OH 45036

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents five one-acre lots ideally situated in Lebanon, Ohio, near the I-71 and I-75 interchange. Zoned for retail and office use, this property boasts a high-traffic location with approximately 15,000 vehicles passing daily. The development is part of a larger master-planned community encompassing approximately 680 homesites, 268 apartment units, a 230-unit senior living facility, and a 60-acre greenspace park. The lots are within 1.5 miles of Lebanon's city center, offering convenient access to local amenities and a strong residential base. The meticulously planned community prioritizes walkability, pedestrian-friendly pathways, and a connection with nature, creating a vibrant and attractive environment for businesses and residents alike. The thoughtful design, including tree-lined streets and sidewalks, aims to minimize the typical monotony of urban concrete. This development offers a unique opportunity to establish a thriving business in a rapidly growing area with strong demographics and excellent infrastructure. The asking price is $900,000 for the entire five-acre parcel, divisible into individual one-acre lots. The permitted zoning allows for a variety of uses, including retail, office, restaurants, and personal/professional services. This is an exceptional investment opportunity in a prime location with significant growth potential.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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