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    Venture Dr Mount Vernon, OH 43050

    For Sale
    $550,000

    Prime 1.9-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 84,942 square foot commercial vacant land parcel presents a remarkable investment opportunity in Mount Vernon, Ohio. Situated in a thriving shopping district at 0 Venture Drive, 43050, this property is zoned for General Business, offering unparalleled flexibility for a wide range of commercial ventures. Imagine the possibilities: a bustling retail center, a modern office complex, or a vibrant mixed-use development. The 1.9-acre expanse provides ample space to realize your vision. Its strategic location ensures high visibility and easy accessibility, maximizing potential for success. The asking price is $550,000. This is a rare chance to acquire a prime piece of commercial real estate in a dynamic and growing area. Don't miss this opportunity to secure a prominent location in Mount Vernon's bustling commercial heart. The property's address is 0 Venture Drive, Mount Vernon, OH 43050, located in Knox County. Its geographical coordinates are 40.400381 latitude and -82.442094 longitude. This is a blank canvas awaiting your entrepreneurial vision.

    Property Features for 0 Venture Dr

    General Information

    Property type
    Specialty properties

    HighLights

    • $550,000 asking price.
    • Special purpose property.
    • 84,942 square foot lot.
    • Located in Mount Vernon, OH, at 0 Venture Drive, zip code 43050.
    • Zoned for General Business.
    • Prime location in a bustling shopping district, offering high visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Vernon
    County
    Knox
    State
    Ohio
    Longitude
    -82.442094
    Latitude
    40.400381

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    FAQs

    What type of property is this?
    Specialty property - Prime 1.9-acre lot, ideal for development.
    Where is this specialty property located?
    The property is located at Venture Dr Mount Vernon, OH.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; Special purpose property.; 84,942 square foot lot.
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    Realmo Value Estimation

    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.

    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.

    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
    Venture Dr Mount Vernon, OH 43050
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