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Executive Summary

Property Highlights:
46.772 Acres across 4 parcels
Zoned Light Industrial
Located directly off Interstate 71 – Exit 32
Frontage on Ohio State Route 123
Access from three roads: Route 123, Phillips Rd, and Jack Rd
Predominantly level topography with minimal grade change
Utilities available: water and electric
Strong regional connectivity to Cincinnati, Dayton, and Columbus
Traffic counts: ~80,000+ vehicles per day on I-71
Early positioning opportunity along the next I-71 exit corridor positioned for future commercial and industrial growth
Buyer to verify zoning, utilities, and permitted uses.

Property Facts

Price $15,501,584 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Office
  • Mixed Use
  • Distribution
  • Healthcare
  • Hospital
  • Hotel
  • Industrial Park
  • Lodge or Meeting Hall
  • Medical
  • Office Park
  • Refrigeration or Cold Storage
  • Self Storage
  • Warehouse
Total Lot Size 46.77 AC
Cross Streets Phillips Rd
Zoning LI - Light Industrial

1 Lot Available

Lot

Price $15,501,584 CAD
Price Per AC $331,442.90 CAD
Lot Size 46.77 AC

Prime development opportunity directly off I-71 along the OH Route 123 corridor. Utilities available. Excellent regional access to Cincinnati, Dayton, and Columbus with strong future corridor growth potential.

Description

Light Industrial zoned development site totaling 46.772 acres across four parcels, located directly off Interstate 71 along the Ohio Route 123 corridor near Phillips Rd and Jack Rd. The property features frontage on Route 123 with multiple access points from Route 123, Phillips Rd, and Jack Rd, providing excellent accessibility and circulation for a variety of industrial or commercial uses. The site is predominantly level with minimal grade change, offering efficient development potential. Utilities including water and electric are available. Strategically positioned with immediate access to I-71, the property offers strong regional connectivity to Cincinnati, Dayton, and Columbus. Zoned Light Industrial. This location represents an early positioning opportunity along the next Interstate 71 exit north expected to see future commercial and industrial development, providing potential upside for developers, investors, or owner-users seeking interstate proximity. Buyer to verify zoning, utilities, and permitted uses.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 39747823

  • Date on Market: 2026-03-12

  • Last Updated:

  • Address: Route 123, Lebanon, OH 45036

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