1331 Ohio Riv Mount Vernon, IN 47620
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.