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    Banning Rd Rd Mount Vernon, OH 43050

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Banning Rd Rd

    Property type
    Land

    Description

    This exceptional 87,120 square foot land parcel presents a unique opportunity in Mount Vernon, Ohio. Boasting breathtaking southwest views, including spectacular sunrises and sunsets, this property offers a tranquil setting while maintaining convenient access to Columbus. Situated on a peaceful dead-end road in Knox County, the location ensures a serene country atmosphere, free from the hustle and bustle of city life. The property's address is 0 Banning Road Road, Mount Vernon, OH 43050, with GPS coordinates of 40.4088286 latitude and -82.5201046 longitude. The asking price for this remarkable piece of land is $150,000. Ideal for those seeking a blend of peaceful country living and easy access to urban amenities, this property is ready for its next chapter. The expansive lot size provides ample space for a variety of development possibilities, making it an attractive investment for both residential and potential commercial ventures. Don't miss the chance to own this picturesque piece of Ohio real estate.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Knox
    State
    Ohio
    Longitude
    -82.5201
    Latitude
    40.4088

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    Banning Rd Rd
    Mount Vernon, OH 43050
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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
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