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    Lot D Upper Gilchrist Rd Mount Vernon, OH 43050

    For Sale
    $298,750

    Prime Knox County development lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0 sq ft lot, identified as Lot D on Upper Gilchrist Road in Mount Vernon, Ohio (zip code 43050), presents a unique investment opportunity. Currently zoned General Business, this property is ideally situated just off State Route 36, positioning it within a zone of anticipated future growth. The asking price is $298,750. Please note that the lot size is currently listed as 0 sq ft, and this is subject to change pending subdivision approval from the City of Mount Vernon and the Regional Planning Commission, if deemed necessary. Detailed permitted uses and conditional uses for the General Business zoning are available in supplementary documentation. This location offers excellent visibility and accessibility, making it suitable for a variety of commercial ventures. Prospective buyers are encouraged to review the associated documents outlining permitted uses and the subdivision process before making an offer. The property's coordinates are 40.409402 latitude and -82.436706 longitude. This is a chance to acquire land in a developing area with high potential for future appreciation.

    Property Features for 0 Lot D Upper Gilchrist Rd

    General Information

    Property type
    Specialty properties

    HighLights

    • 0 sq ft lot (subject to subdivision approval) located at Upper Gilchrist Road, Mount Vernon, OH 43050.
    • General Business zoning, situated off State Route 36 in an area of anticipated growth.
    • Asking price: $298,750.
    • Excellent visibility and accessibility, suitable for various commercial uses.
    • Coordinates: 40.409402 latitude, -82.436706 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mount Vernon
    County
    Knox
    State
    Ohio
    Longitude
    -82.436706
    Latitude
    40.409402

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    FAQs

    What type of property is this?
    Specialty property - Prime Knox County development lot.
    Where is this specialty property located?
    The property is located at Lot D Upper Gilchrist Rd Mount Vernon, OH.
    What is the asking price?
    The asking price for this property is $298,750.
    What are key features of this property?
    This property features: 0 sq ft lot (subject to subdivision approval) located at Upper Gilchrist Road, Mount Vernon, OH 43050.; General Business zoning, situated off State Route 36 in an area of anticipated growth.; Asking price: $298,750.
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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
    Lot D Upper Gilchrist Rd Mount Vernon, OH 43050
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