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    OFF-MARKET
    Commercial land

    1605 Yearack Dr, Marion, IL 62959

    2,138 SF Built 1993
    Property ID
    US28-3998468
    Property summary
    AI-generated overview

    7.21 acres of commercial land ready to be developed! located 1 mile north west of Interstate 57 in Marion Illinois. This 7+ acres sits between the highly desirable golf course community of Kokopelli and Rent One Park, a 5000+ seat stadium, home of professional minor league baseball, softball, Pepsi concert series and many others. Just shy of 500 ft of road frontage, the area around this property is rapidly growing with an estimated traffic count of 5400 with the nearest intersection at 7100. Some area businesses include Walmart/Sams, Golds Gym, Buffalo Wild Wings, Hotels ie; Drury Inn, Holiday Inn Express and the always busy Black Diamond Harley Davidson & RV Sales with visitors from all over. 4 miles west, Marion has a small commercial airport that averages 56 flights a day. This property has unlimited potential!

    Property profile
    Verified
    Property type Commercial land
    Year built 1993
    Total area 2,138 SF
    UPID US28-3998468
    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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