Property summary
This exceptional commercial land parcel, located at 1602 Morgan Avenue in Marion, Illinois, presents a unique opportunity for discerning investors and business owners. Priced at $94,900, this property boasts a highly desirable location on a much-traveled section of Morgan Avenue, offering excellent visibility and accessibility. The level lot is ready for immediate development, eliminating the need for extensive site preparation. All essential utilities are readily available, simplifying the construction or relocation process. The property's significant frontage on Morgan Avenue ensures high traffic exposure, making it ideal for a wide range of commercial ventures. Whether you're seeking to establish a new business or relocate an existing one, this property offers the perfect blend of location, convenience, and affordability. Its prime position within the Williamson County area of Southern Illinois promises strong potential for growth and return on investment. Don't miss this chance to secure a strategic location in a thriving commercial area. Conduct a traffic count and drive by to experience the location firsthand. This is a ready-to-develop site with all the necessary infrastructure in place.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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