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Property profile & analytics
OFF-MARKET
Land

1331 Ohio Riv Mount Vernon, IN 47620

0.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.89-acre commercial lot presents a remarkable opportunity for investors and developers. Located at 1331 Ohio River Scenic Byway in Mount Vernon, Indiana (zip code 47620), this property boasts significant frontage on SR 62, offering unparalleled visibility and accessibility. The lot is zoned for commercial use, making it perfectly suited for a variety of developments, particularly drive-thru or fast-casual restaurants. The property's size and location provide ample space for construction and convenient access for customers. The APN is 65-27-09-100-025.000-018. This is a rare opportunity to acquire a strategically positioned commercial lot in a growing area. The asking price for this prime piece of real estate is $150,000. Don't miss out on this chance to secure a valuable asset with high development potential. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 0.89 ac (38,768 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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