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    2011 Morgan Ave Marion, IL 62959

    Sponsored
    For Sale
    $425,000

    High-visibility warehouse lot, $425,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 2011 Morgan Avenue in Marion, Illinois, presents a unique investment opportunity. The property is a large, level corner lot ideally situated directly across from a Love's Truck Stop, ensuring unparalleled visibility and accessibility for any business. Its strategic location at the first entrance to Marion from the north, just off Interstate 57, guarantees high traffic volume and easy access for customers and employees. The lot is ready for immediate development, with utilities already available, making the transition seamless and cost-effective. The property's easy in-and-out design further enhances its practicality and convenience. This prime commercial land is perfect for a variety of uses, including warehouse facilities, distribution centers, or other businesses requiring high visibility and convenient access to major transportation routes. The asking price is $425,000. The property includes additional parcels 06-14-226-015, 06-14-226-016, and 06-14-226-017. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving area of Illinois. Don't miss out on this chance to establish your business in a prime location.

    Property Features for 2011 Morgan Ave

    General Information

    Property type
    Distribution properties

    HighLights

    • High‑visibility corner lot in Marion, IL, across from Love's Truck Stop.
    • Located at the first I‑57 entrance to Marion from the north, ensuring high traffic counts.
    • Ready for immediate development with utilities available; $425,000 asking price.
    • Includes parcels 06‑14‑226‑015, 06‑14‑226‑016, and 06‑14‑226‑017.
    • Ideal for warehouse, distribution, or other businesses needing high visibility and convenient I‑57 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Williamson
    State
    Illinois
    Longitude
    -88.9514021
    Latitude
    37.7443166

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      High-Visibility Marion Commercial Lot

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    FAQs

    What type of property is this?
    Distribution property - High-visibility warehouse lot, $425,000
    Where is this distribution property located?
    The property is located at 2011 Morgan Ave Marion, IL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: High-visibility corner lot in Marion, IL, across from Love's Truck Stop.; Located at the first I-57 entrance to Marion from the north, ensuring high traffic counts.; Ready for immediate development with utilities available; $425,000 asking price.
    Request Owner's contact information
    2011 Morgan Ave Marion, IL 62959
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    Marion, IL 62959
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2011 Morgan Ave Marion, IL 62959
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