1408 Longstreet St, Marion, IL 62959
This exceptional 36.6-acre commercial land parcel presents a unique investment opportunity in Marion, Illinois. Strategically located on the north side of Longstreet Street, it enjoys prime visibility and convenient access. The property is situated directly adjacent to the Marion Star Bond District, offering significant development potential. A large portion of the land is already zoned commercial, simplifying the development process. The site boasts approximately 1000 feet of road frontage along Longstreet Street, providing excellent exposure. Its location between Interstate 57 and Route 37 ensures easy access to major transportation arteries. Much of the acreage has been recently cleared, making it ideal for immediate development. Four existing large pole barn buildings are on the property, offering potential for immediate use or easy removal to accommodate new construction. The property is fully enclosed by a partial fence. This property is listed at $3,650,000 and is offered for sale by owner. The property's address is 1408 Longstreet Street, Marion, IL 62959, within Williamson County. This is a rare opportunity to acquire a substantial commercial tract in a thriving area with excellent infrastructure and accessibility.
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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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.