1408 Longstreet St, Marion, IL 62959
This exceptional 36.6-acre commercial property presents a significant development opportunity in Marion, Illinois. Strategically located on the north side of Longstreet Street, it enjoys prime visibility and convenient access to both Interstate 57 and Route 37, ensuring excellent connectivity for any commercial venture. The property is situated within the Marion city limits, with a substantial portion already zoned for commercial use, simplifying the development process. Approximately 1000 feet of road frontage along Longstreet Street provides ample space for building access and signage. The land is partially fenced, offering a degree of security and definition. A significant portion of the acreage has been recently cleared, making it ready for immediate development. Four existing large pole barn buildings are present on the site
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.