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    OFF-MARKET
    Retail properties & Spaces

    12508 State Hwy, Marion, IL 13694

    5,400 SF 10.8 ac lot Built 1951
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,400 square foot retail property, situated on a spacious 10.8-acre lot in Marion, Illinois, presents a compelling investment opportunity. Built in 1951, this single-story building boasts 30 parking spaces, ensuring ample convenience for customers. The property's address is 12508 State Highway 37, Marion, IL 13694, offering excellent visibility and accessibility. With a price per square foot of $157, this property represents a strong value proposition in the Williamson County market. The property's APN is 13.004-1-10.1. This established location offers significant potential for a variety of retail uses, benefiting from its substantial lot size and convenient parking. The property's single-story design provides efficient layout and accessibility. The asking price is $850,000, making it an attractive investment for those seeking a well-positioned retail space with significant growth potential. The property's long history and established location provide a solid foundation for future success. The ample parking and large lot size offer flexibility for expansion or additional development. This property is ready for immediate occupancy and presents a unique opportunity to establish or expand a retail business in a thriving community.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1951
    Total area 5,400 SF
    Lot 10.8 ac (470,448 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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