Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    S Edson Street Mount Vernon, IN 47620

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $108,000

    2.7 acres of level ground near the Port of Indiana.

    Type:Land
    Property size:
    2 SF
    Price / SF:
    $54,000/SF
    Added:
    Nov 21, 2025
    Days on Market:
    164
    Last Refresh:
    Dec 3 at 5:06 am

    Property Features for S Edson Street

    General Information

    Standard status
    Active
    Size
    2 SF
    Property subtype
    Land

    Building Details

    Year Built
    1998

    We can help!

    Listing Contact
    Scott Edmond

    Listing agent Scott Edmond License #IN #RB15000270

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Scott Edmond

    Overview

    Industrial Land Near Port of Indiana

    This 2.7-acre parcel of level ground is situated next to the Port of Indiana facility, offering an ideal location for an industrial or flex user seeking proximity to the port or suppliers to nearby manufacturers. Utilities are available along the property lines. The owner is open to build-to-suit or build-to-lease options. Mount Vernon, the county seat and largest community in Posey County, is home to Indiana's largest river port by volume. The port is a multimodal facility handling approximately 3,700 barges, 200,000 trucks, and 456 rail cars annually. Major employers in the area include SABIC innovative plastics, Countermark refinery, and BWX Technologies. This location is close to the Port and major employers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mount Vernon
    County
    Posey
    State
    Indiana
    Longitude
    -87.880272
    Latitude
    37.933167

    Nearby Similar for Sale

    • $149,900

      Mount Vernon Industrial Building For Sale

      7500 SF commercial building on 0.46 acres.
      1000 N Main Street, Mount Vernon, IN 47620
      View Details
    • $169,900

      Mount Vernon Agricultural Land

      12.76 acres with lake access and horse facilities.
      3400 Bufkin Springfield Road, Mount Vernon, IN 47620
      View Details
    • $264,000

      Posey County Agricultural Land

      16 acres of land suitable for farming and grazing.
      Copperline Road, Mount Vernon, IN 47620
      View Details
    • $529,000
      6,873 SF

      Versatile Commercial Building in Posey

      Over 6,000 sq ft commercial building with private paved lot.
      312 College Ave, Mount Vernon, IN 47620
      View Details
    • $549,000
      6,873 SF

      Versatile Commercial Property in Mount Vernon

      High-visibility commercial building with showroom, offices, and parking.
      0 W Fourth St and College Ave, Mount Vernon, IN
      View Details
    • $600,000

      31.10 Acres of Open Land

      Open land with barn suitable for building, farming, recreation.
      6416 Overpass Rd, Mount Vernon, IN
      View Details
    • $529,000

      Versatile Commercial Building in Mount Vernon

      High-visibility commercial building with showroom, warehouse, and parking.
      311 College Ave, Mount Vernon, IN
      View Details
    • $279,900
      5,000 SF

      Spacious Warehouse in Downtown

      5,000 sq ft warehouse with office space for sale.
      214 W Second St, Mount Vernon, IN
      View Details
    • $109,000
      4,384 SF

      Highway Frontage Restaurant Opportunity

      Restaurant property with highway frontage and development potential.
      10301 Old Highway 62 East, Mount Vernon, IN
      View Details
    • $99,900

      Industrial Land Near Port

      2.7 AC industrial land near the Port of Indiana.
      Edson St, Mount Vernon, IN 47620
      View Details

    FAQs

    What type of property is this?
    Land - 2.7 acres of level ground near the Port of Indiana.
    Where is this land located?
    The property is located at S Edson Street Mount Vernon, IN.
    What is the asking price?
    The asking price for this property is $108,000.
    What are key features of this property?
    This property features: Prime location adjacent to the Port of Indiana facility.; Ideal for industrial/flex space or supplier operations due to proximity to major manufacturers.; Level ground with utilities readily available along property lines.
    (812) 453-3102
    We can help!
    Listing Contact
    Scott Edmond
    Real Estate License ID: IN #RB15000270
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    S Edson Street, Mount Vernon, IN 47620

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!