123 And I-71 Lebanon, OH 45036
- Land
- 173.00 lot acres
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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lebanon
- County
- Warren
- State
- Ohio
- Longitude
- -84.1841
- Latitude
- 39.4287