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Commercial Land Near Major Retailers
For Sale
$225,000
Pending

00 Baldridge Lane, Salem, IL 62881

Commercially zoned lot across from Walmart and KFC with lease and build-to-suit flexibility.

Property SizeContact for details
Days on Market533

Property Features for 00 Baldridge Lane

General Information

Standard status Pending
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $4,628
Listing Agency: Equity Realty Group
Listed By: MELISSA D JARRELL · License #475204551
Source: Exitrealty
Added: Mar 18, 2025 Changed: Aug 31 Last Checked: Aug 31 at 5:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Realty Group

Investment Insights

Based on property information with market context.

This 0.82-acre commercial land offering is positioned across from Walmart and KFC in Salem, Illinois. The site is zoned for commercial use and recorded an average daily traffic count of 11,200, supporting visibility for a range of commercial operations.

The property is located within the Enterprise Zone (EZ), which includes an 8 year tax abatement on improvements and a building materials exemption certificate. The seller will consider leasing the land and can build to suit, providing flexibility for a future commercial project.

Key Highlights

  • 0.82‑acre commercial lot
  • Average daily traffic count of 11,200
  • Across from Walmart and KFC

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 62881, IL

11,053
Population
5,032
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
93%
High-School Grad
99.2 sq mi
ZIP Area
111
Density / Sq Mi
$69,025
Median Household Income
$42,567
Median Earnings
$750
Median Rent
$111,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned lot across from Walmart and KFC with lease and build-to-suit flexibility.
Where is this commercial land located?
The property is located at 00 Baldridge Lane Salem, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 0.82‑acre commercial lot; Average daily traffic count of 11,200; Across from Walmart and KFC
More about this property
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