You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

0 Davidson Ave Mount Vernon, IL 62864

55.94 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 55.94-acre land parcel presents a unique investment opportunity in Mount Vernon, Illinois. Divided into two tracts (20.85 acres and 35.18 acres), this property offers significant potential for commercial or mixed-use development. Strategically located in a burgeoning commercial area, just south of major retailers like Kohl's, Lowe's, and Walmart, and near a new city-owned industrial park, this site enjoys high visibility and convenient access. The property benefits from its location within a Tax Increment Financing (TIF) District and an Enterprise Zone, offering potential tax advantages. Easy access to Interstate 57/64 is provided via Route 15 and Veterans Memorial Drive, ensuring seamless transportation links. The permitted zoning is Industrial/Planned Unit Development (PUD), allowing for flexibility in development plans. The APN is 06-35-300-001. The asking price is $3,518,000, with a land value ranging from $100,000 to $110,000 per acre. The tracts are divisible, providing options for various development scenarios. This prime location and flexible zoning make this property an ideal investment for developers seeking a strategic foothold in a growing market. The property's size and location offer exceptional potential for significant return on investment.

Property profile
Verified
Property type Land
Lot 55.94 ac (2,436,746 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Davidson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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