Lohr Road

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Lohr Road

Mount Vernon, OH 43050
Asking Price
$150K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The parcel spans 4.67 acres on Lohr Road in Mount Vernon.
  • This land asset is currently available for purchase at $149,900.
  • Mount Vernon serves as a growth-oriented submarket within central Ohio.
  • The site layout provides versatility for potential development or private use.
  • Proximity to regional transit corridors supports long-term investment viability.

What's Special

This 4.67-acre parcel of land is positioned along Lohr Road in Mount Vernon, Ohio. Situated within the expanding Knox County region, the property benefits from the area's mix of rural character and proximity to established local infrastructure. Its size and accessibility make the site suitable for a variety of development paths, ranging from residential projects to private use or strategic land banking. Investors and developers will find this acreage positioned to capitalize on the steady growth patterns within this segment of the state. The site offers a clean slate for those seeking to establish a presence in a market defined by its balance of community resources and open accessibility. With the regional economy supporting diverse commercial and residential interests, the land presents a straightforward addition to an investment portfolio or a foundation for specific project goals.

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NOI
$80,000
Cap Rate
53.37%
DSCR
8.99
Strong
Cash-on-Cash
158.11%
Monthly Payment
$741.623
Annual Cash Flow
$71,100.519

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