100 Holiday Ln, Salem, IL 62881
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.
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
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.