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OFF-MARKET
Specialty properties

0 Lot D Upper Gilchrist Rd Mount Vernon, OH 43050

Property ID
Property summary
AI-generated overview

This exceptional 0 sq ft lot, identified as Lot D on Upper Gilchrist Road in Mount Vernon, Ohio (zip code 43050), presents a unique investment opportunity. Currently zoned General Business, this property is ideally situated just off State Route 36, positioning it within a zone of anticipated future growth. The asking price is $298,750. Please note that the lot size is currently listed as 0 sq ft, and this is subject to change pending subdivision approval from the City of Mount Vernon and the Regional Planning Commission, if deemed necessary. Detailed permitted uses and conditional uses for the General Business zoning are available in supplementary documentation. This location offers excellent visibility and accessibility, making it suitable for a variety of commercial ventures. Prospective buyers are encouraged to review the associated documents outlining permitted uses and the subdivision process before making an offer. The property's coordinates are 40.409402 latitude and -82.436706 longitude. This is a chance to acquire land in a developing area with high potential for future appreciation.

Property profile
Verified
Property type Specialty properties
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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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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