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    OFF-MARKET
    Land

    100 Holiday Ln, Salem, IL 62881

    0.87 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.87-acre commercial land parcel presents a remarkable investment opportunity in Salem, Illinois. Strategically located at 100 Holiday Ln, this property boasts unparalleled visibility and accessibility, featuring 250 feet of frontage directly on Interstate 57 and convenient access to US Highway 50. The site benefits from a signalized intersection, ensuring optimal ingress and egress for businesses. High traffic counts of 22,939 vehicles per day on I-57 guarantee significant exposure for any development. The property is situated adjacent to established businesses such as Denny's and a Holiday Inn, providing a strong commercial environment and established customer base. This location is ideal for a variety of commercial uses, including retail, restaurants, or light industrial. The land is available for sale or ground lease, and build-to-suit options are available, offering flexibility to potential buyers or tenants. This prime location in Marion County, Illinois, with its zip code 62881, presents a rare opportunity to establish a thriving business in a high-traffic area. Don't miss this chance to secure a prominent location with exceptional visibility and accessibility.

    Property profile
    Verified
    Property type Land
    Lot 0.87 ac (37,897 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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