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    OFF-MARKET
    Land

    0 Baldridge Ln, Salem, IL 62881

    0.82 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.82 ac (35,719 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
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    by Request
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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