48 Interstate 71 & State Rte Lebanon, OH 45036
Arrow Springs Farm presents a unique investment opportunity in Lebanon, Ohio. This expansive property, totaling 105 acres, boasts a strategic location at the intersection of Interstate 71 and State Route 48, offering exceptional visibility and convenient access. The site features 6 acres zoned for retail use along State Route 48, providing immediate commercial potential. The remaining 99 acres are zoned for general commercial use, including assisted living facilities, presenting a diverse range of development possibilities. City-owned utilities, including electricity, water, and sewer, are readily available on-site, simplifying infrastructure development. The property benefits from a signalized intersection, ensuring easy ingress and egress. Lebanon, Ohio offers attractive incentives for businesses, including Tax Increment Financing and utility-related incentives, further enhancing the investment appeal. Located within 30 minutes of Cincinnati and 60 minutes of Columbus, this location provides access to a large and affluent market. The surrounding area boasts a strong population base, with over 71,000 residents within a 5-mile radius and an average household income exceeding $118,873. This combination of prime location, flexible zoning, and attractive incentives makes Arrow Springs Farm an exceptional opportunity for a research and development campus, a high-tech manufacturing facility, or a mixed-use development. The property's size and strategic location offer significant long-term growth potential.
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
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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.