11275 Lovers Ln
Mount Vernon, OH 43050

Property contains over 240 Acres and is just outside of Mount Vernon proper, with public water and sewer located roughly a half-mile to the east. The new Intel project is located approximately 23 miles to the southwest. Specifically, Intel has broken ground on an initial investment of more than $20 billion to construct a leading-edge semiconductor factory. The project is expected to create 3,000 Intel-specific jobs and 7,000 construction jobs over the course of development. Construction is underway on the first phase of development, with production expected to come on line by 2025. Given a recent passing of Federal legislation, Intel has cited that at “full buildout”, the total project could grow to as much as $100 billion over the next decade, which would make it one of the largest semiconductor manufacturing sites in the world. Of the total 240 acres, the subject site consists roughly 210 acres of tillable ground, which has been systematically tiled in recent years. The property contains approximately 1.7 miles of road frontage along Old Delaware Road (State Route 229) and Lovers Lane. There are numerous outbuildings, most notably an 80X260 building, with a clear height of approximately 18.5 feet. This building also includes an office area and a processing room with three walk-in coolers. {Property was recently registered as an FDA-approved food and shipping facility.} In addition, there is a 70X160 three-side barn (used previously for livestock); 60X74 barn; and a 50X60 barn. Multiple water wells and cattle-water fountains on site. All of the buildings are monitored (inside and out) by a robust camera system. Property is serviced by fiber optic, which is capable of a 5G download.