Lebanon, Ohio Commercial Real Estate Market Report

The Lebanon, Ohio commercial real estate market currently presents 255 active listings exclusively for sale on Commrty. These listings represent the entirety of the platform's inventory for the area, all of which entered the marketplace within the last 90 days. As of September 2026, there have been no new listings added in the previous 30 days, nor have there been any recorded sales or lease activity on the platform in the last six months. This collection offers a snapshot of current owner expectations for commercial property in this regional hub located between Cincinnati and Dayton. Regarding pricing and investor returns, 13 listings on Commrty currently publish asking sale prices ranging from $235,000 to $5.9 million, with a median price of $1.1 million. The median advertised cap rate for these available assets stands at 7.79%. These figures provide a baseline for evaluating entry costs and potential yield expectations for investors monitoring this specific inventory. Buyers should note these metrics represent active asking positions rather than realized market values. The composition of available listings is heavily weighted toward multifamily properties, which account for 154 of the 255 assets. Land follows with 54 listings, while office space accounts for 23 listings. The remaining inventory is split between retail, businesses for sale, industrial sites, and one special purpose facility. This distribution indicates that the current inventory on Commrty is largely focused on residential investment and land development opportunities, which may appeal to investors looking for expansion space or income-generating rental housing within the suburban landscape of southwestern Ohio.