Indian Mound Rd Mount Vernon, IN 47620
- Land
- 176.22 lot acres
Current Use by Public Records
- Land
Property Details for 0 Indian Mound Rd
- Lot size
- 176.22 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 176.22-acre industrial land assemblage presents a unique investment opportunity in Posey County, Indiana. Comprised of six contiguous parcels, this unimproved property is zoned M-2 Manufacturing District, offering significant development potential. Strategically located just 15 miles west of Evansville, Indiana, and Interstate I-69, this site enjoys unparalleled access to major transportation arteries. Its proximity to the Mt. Vernon Port on the Ohio River and adjacency to the Evansville Western Railway (CSX), with potential spur access, further enhances its logistical advantages. Significant infrastructure improvements are underway, including a major upgrade to Indiana State Highway 62 (over $110 million in improvements). Currently free of agricultural leases, this property offers immediate development readiness. The asking price is $5,000,000, translating to $28,374 per acre, representing a compelling value proposition for industrial development in a rapidly growing region. The property's size, zoning, and location combine to create an exceptional opportunity for large-scale industrial projects. This is a rare chance to acquire a substantial, well-positioned industrial land parcel in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Posey
- State
- Indiana
- Longitude
- -87.8325
- Latitude
- 37.9255
