106 Acres Development
For Sale
Contact for pricing
8712 Martinsburg Road, Mount Vernon, OH 43050
106.2 acres of land for residential development.
Property SizeContact for details
Lot Size106.20 Acres
Days on Market937
Property Features for 8712 Martinsburg Road
General Information
Standard status
Active
Lot size
106.20 Acres
Property subtype
Land
Listing Agency:
EXP Realty, LLC
Listed By:
John Casey · License #2013003542
Source:
Crexi
Added: Jan 15, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:11AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This 106.2-acre land parcel presents a development opportunity, situated across the street from the Mount Vernon Country Club Neighborhood. Utilities are available at the curb, with the exception of the sewer line, which is located 0.22 miles away at Twin Oaks Elementary School. A 'New Community Authority Program' is in place to potentially offset major expenses. The land is annexed into Mount Vernon. A rough draft site plan suggests extra-large lots, which could be reduced in size to accommodate more homes. Current zoning allows for 5 homes per acre with a minimum of 1200 square feet per home. An active zoning change is underway, potentially allowing for a higher density of homes per acre. Intel is located 30 miles away. The property is intended for residential development.
Key Highlights
- 106.2 acres of land suitable for development.
- Utilities available at the curb (sewer line .22 miles away).
- "New Community Authority Program" in place to credit back major expenses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 43050, OH
29,594
Population
13,416
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
154.1 sq mi
ZIP Area
192
Density / Sq Mi
$65,044
Median Household Income
$38,709
Median Earnings
$933
Median Rent
$199,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 106.2 acres of land for residential development.
Where is this residential land & home lot located?
The property is located at 8712 Martinsburg Road Mount Vernon, OH.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 106.2 acres of land suitable for development.; Utilities available at the curb (sewer line .22 miles away).; "New Community Authority Program" in place to credit back major expenses.
