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Property profile & analytics

123 And I-71 Lebanon, OH 45036

  • Land
  • 173.00 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 123 And I-71

Lot size
173.00 lot acres
Property type
Land

Description

This exceptional 173-acre commercial land parcel presents a unique investment opportunity in Lebanon, Ohio. Strategically located at the intersection of State Route 123 and I-71, this property offers unparalleled access to major transportation arteries, making it ideal for a variety of commercial and industrial uses. The property is zoned B-2 Retail, I-1 Light Industrial, and R-1A Residential, providing flexibility for diverse development plans. Situated within a Joint Economic Development District encompassing the City of Lebanon and Turtlecreek Township, this location benefits from collaborative economic development initiatives. Recent infrastructure improvements, including a new $9 million Pilot/Flying J development and a new sewer line, significantly enhance the site's appeal and development potential. The area is experiencing substantial growth, with plans for a gateway district to serve a rapidly expanding residential and commercial area. This represents one of the last undeveloped interstate interchanges in Southwestern Ohio, presenting a rare chance to capitalize on this prime location and contribute to the region's continued expansion. The property's size and strategic location make it an exceptional opportunity for large-scale development projects. The existing infrastructure and planned improvements further solidify its potential for significant return on investment. This is a truly remarkable opportunity to acquire a substantial land holding in a high-growth area with excellent access to major transportation networks.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Lebanon
County
Warren
State
Ohio
Longitude
-84.1841
Latitude
39.4287
More about this property
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