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Property profile & analytics
OFF-MARKET
Land

1711 The Hl Ave Marion, IL 62959

Property ID
Property summary
AI-generated overview

This exceptional 0.75-acre commercial land parcel presents a remarkable investment opportunity in Marion, Illinois. Strategically located at the intersection of Hill Avenue and North Carbon Street, at a highly visible roundabout, this property boasts 250 feet of road frontage on North Carbon Street. Its prime location directly across from the new Love's Truck Stop, adjacent to the Interstate, ensures exceptional visibility and accessibility. The property is part of a larger 1.5-acre site, with the possibility of acquiring additional acreage. Currently zoned C-2 Highway/Commercial, this cleared, flat land is ready for immediate development. The area enjoys significant foot traffic, with proximity to key Marion attractions such as the Oasis South Shopping Center, Oasis Outdoor Retail and Entertainment Center, Kokopelli Golf Club, and the Oasis Sports Complex, drawing over 200,000 visitors annually. This presents a unique chance to capitalize on the high traffic volume and establish a thriving business in a dynamic and rapidly growing area. The asking price for this exceptional 0.75-acre lot is $750,000. Don't miss this chance to secure a prominent location in a thriving commercial corridor.

Property profile
Verified
Property type Land
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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