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Route 48 & I-71 - Cincinnati-Lebanon Arrow Springs Development 6.29 - 99 Acre Commercial Land Lots Offered at $503,200 - $7,920,000 Per Lot in South Lebanon, OH 45065
Investment Highlights
- Prime Commercial Site
- Heavy traffic counts - interstate
- All Utilities to site
Executive Summary
• Excellent opportunity for R&D campus setting or High-Tech Manufacturing located directly off of SR-48 and I-71 exit # 28, within the City of Lebanon
• Signalized access in place with City-owned utilities, electric, water, and sewer on site
• Within 30 minutes of Cincinnati and 60 minutes of Columbus, this is a perfect location for business investment
• The City of Lebanon incentives include Tax Increment Financing and utility-related incentives
• Interior parcels are zoned General Commercial including assisted living
• Retail opportunities available along the frontage of SR-48
• Signalized access in place with City-owned utilities, electric, water, and sewer on site
• Within 30 minutes of Cincinnati and 60 minutes of Columbus, this is a perfect location for business investment
• The City of Lebanon incentives include Tax Increment Financing and utility-related incentives
• Interior parcels are zoned General Commercial including assisted living
• Retail opportunities available along the frontage of SR-48
Property Facts
| Price | $503,200 - $8,423,200 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 2 | Total Lot Size | 105.29 AC |
| Property Type | Land | Cross Streets | I-71 |
| Price | $503,200 - $8,423,200 |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 105.29 AC |
| Cross Streets | I-71 |
2 Lots Available
Lot Commercial
| Price | $7,920,000 | Lot Size | 99.00 AC |
| Price Per AC | $80,000.00 |
| Price | $7,920,000 |
| Price Per AC | $80,000.00 |
| Lot Size | 99.00 AC |
$80,000/acre bulk price
Lot Retail
| Price | $503,200 | Lot Size | 6.29 AC |
| Price Per AC | $80,000.00 |
| Price | $503,200 |
| Price Per AC | $80,000.00 |
| Lot Size | 6.29 AC |
$80,000/acre bulk price
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 12-33-300-007 | Improvements Assessment | $109,210 |
| Land Assessment | $78,550 | Total Assessment | $187,760 |
Property Taxes
Parcel Number
12-33-300-007
Land Assessment
$78,550
Improvements Assessment
$109,210
Total Assessment
$187,760
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Route 48 & I-71 - Cincinnati-Lebanon Arrow Springs Development