0 Lot B Upper Glichrist Rd Mount Vernon, OH 43050
This exceptional 4.1-acre commercial land parcel, identified as Lot B Upper Glichrist Road in Mount Vernon, Ohio (zip code 43050), presents a unique investment opportunity. Priced at $369,000, this property is zoned General Business, offering a wide range of potential uses subject to the city's and regional planning's approval, as detailed in the associated documentation. The land is conveniently located just off State Route 36, placing it in a prime position to benefit from anticipated future development in the area. The property is currently designated as "Special Purpose" land and will be subdivided, contingent upon the necessary approvals from the City of Mount Vernon and the Regional Planning Commission. This strategic location and the potential for diverse commercial uses make this a compelling investment prospect for developers and entrepreneurs seeking a foothold in a growing market. Detailed zoning information and permitted uses are available in the accompanying documents. The property's coordinates are 40.409402 latitude and -82.436706 longitude. Serious inquiries are encouraged.
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
Similar Nearby for Lease
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.