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Property profile & analytics
OFF-MARKET
Churches & religious facilities

8990 3Rd St New Lebanon, OH 45345

7,044 SF 2.5 ac lot Built 1962
Property ID
US66-2007778
Property summary
AI-generated overview

This exceptional 7,044 square foot church building, situated on a spacious 2.5-acre lot in New Lebanon, Ohio, presents a unique investment opportunity. Built in 1962, this two-story structure boasts a charming brick exterior and is zoned E. The property includes a sanctuary with seating for 256-300 people, equipped with a high-quality sound system and built-in speakers. A fully functional kitchen and fellowship hall are perfect for community gatherings. The building also features up to eleven classrooms, offices, a library, nursery, pastor's office, and five bathrooms. Included in the sale are chairs and tables. Additional amenities include a bell tower, a chair lift for accessibility, and a large parking lot with room for expansion. The property also features beautiful stained-glass windows, with a June 2021 replacement value estimate of $392,000. The asking price is $395,000, significantly below the insured replacement value of $1,827,950. Blueprints are available. Located in Jefferson Township with a New Lebanon address, the property utilizes city or county utilities. This property offers significant potential for continued religious use or adaptive reuse.

Property profile
Verified
Property type Churches & religious facilities
Year built 1962
Total area 7,044 SF
Lot 2.5 ac (108,900 SF)
UPID US66-2007778
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
Current use
Occupant on record · Public records
  • St Peters Lutheran Church Church
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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