123 And I-71 Lebanon, OH 45036
This exceptional property, located at the intersection of State Route 123 and I-71 in Lebanon, Ohio (zip code 45036), offers a unique opportunity for diverse development. The expansive land parcel totals between 19 and 115 acres, providing significant flexibility for various projects. The permitted zoning allows for a blend of commercial, industrial, and residential uses. Specifically, the B-2 zoning permits retail development, I-1 zoning allows for light industrial uses, and R-1A zoning enables residential construction. This strategic location provides excellent visibility and accessibility, benefiting from the high traffic volume of both State Route 123 and Interstate 71. The acreage breakdown offers options for tailored development: 19 acres are suitable for retail ventures, 39 acres are designated for light industrial projects, and up to 115 acres are available for residential or commercial development, depending on the chosen plan. This presents a rare chance to create a thriving mixed-use community or a large-scale industrial park in a rapidly growing area of Warren County. Serious inquiries are encouraged to explore the full potential of this significant land offering.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.