0 Baldridge Ln, Salem, IL 62881
This exceptional 0.82-acre commercial land parcel presents a truly remarkable investment opportunity in Salem, Illinois. Strategically located directly facing the entrance road to a busy Wal-Mart Supercenter, this high-visibility site guarantees maximum exposure to a constant stream of shoppers. The property's prime location makes it exceptionally well-suited for a diverse range of commercial ventures, including retail stores, restaurants, or service-oriented businesses seeking to capitalize on high traffic counts. The seller is open to exploring leaseback options or build-to-suit arrangements, offering flexibility for potential buyers. This is a rare chance to establish a thriving business in a location with proven high traffic volume and immediate visibility. The asking price for this exceptional property is $249,000. The property is located at 00 Baldridge Ln, Salem, IL 62881, in Marion County. This is a sale for leaseback opportunity.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.