Property profile

000 Rendleman St Marion, IL 62959

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional commercial property presents a rare opportunity to establish your business in a thriving Marion, IL location. Situated on a nearly full acre lot, this parcel boasts unparalleled accessibility, conveniently positioned between two paved streets for effortless ingress and egress. The lot is completely level, eliminating costly site preparation and maximizing buildable space. All essential utilities are readily available, streamlining the development process and minimizing upfront infrastructure costs. This prime location is surrounded by established commercial activity, ensuring high visibility and attracting a steady stream of potential customers. The property's strategic positioning within Marion's commercial heart makes it ideal for a wide range of businesses, from retail outlets and restaurants to offices and light industrial operations. This is a blank canvas ready for your vision, offering significant potential for growth and return on investment. Don't miss this chance to secure a highly desirable commercial property in a dynamic and growing market. Act quickly, as opportunities like this are seldom available. The asking price is $325,000.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

000 Rendleman St Marion, IL 62959
Marion metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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