16131 Divelbiss Rd, Mount Vernon, OH 43050
Exceptional 603,741.6 sq ft land parcel in Knox County, Ohio, awaits its next owner. Located at 16131 Divelbiss Road, Mount Vernon, OH 43050, this property offers a unique blend of recreational and development opportunities. The asking price is $315,000. The land boasts mature hardwoods, a large barn, and an established trail system perfect for various outdoor activities including hunting, mountain biking, motocross, ATV/UTV riding, or horseback riding. Resident deer are present, with a history of large bucks sighted annually. An existing home, built in 1948, is situated on the property. While it requires a complete renovation (newer roof and siding are present), it offers the option of full remodel or demolition to build anew, utilizing existing utilities. A significant portion of the land is open and tillable, suitable for pasture or a new home construction. The property's convenient location is only 15 minutes from Mt. Vernon Nazarene College and 45 minutes from Polaris Parkway, offering easy access to amenities and major roadways. This expansive property presents a rare opportunity to own a substantial piece of land close to town, ideal for those seeking a recreational retreat or a development project. Don't miss this chance to acquire this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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