2406 Williamson County Pkwy Marion, IL 62959-5271
Property profile & analytics
2406 Williamson County Pkwy Marion, IL 62959-5271
- Commercial real estate
Property ID
US28-4357979
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Baan Thai / Restaurant
- Beltone Hearing Aid Service / Hearing Aid Store / Deaf Service
- Sport Clips Haircuts of Marion / Hair Salon
- Marion Tobacco & Vape / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
- El Ranchito Mexican Restaurant #2 / Restaurant
Property Details for 2406 Williamson County Pkwy
- Property type
- Commercial real estate
- APN
- 06-10-476-002
- APU
- 610476002
Description
This 24,500 square foot shopping center in Marion, IL, offers a compelling investment opportunity. Built in 2007 and situated on 2.45 acres, the property boasts 100% occupancy with eight tenants, including a Dollar Tree anchor. All leases are triple-net (NNN), providing a stable income stream. The center benefits from a prime location on Williamson County Parkway, shadow-anchored by a top-performing Walmart Supercenter, and surrounded by numerous national retailers. The property's strong tenant base, high occupancy rate, and desirable location contribute to a robust NOI of $368,758 and an 8.25% cap rate. Average household incomes within a 10-mile radius exceed $78,000, indicating a strong consumer base. The asking price is $4,469,794, representing $182.44 per square foot. This fully stabilized asset presents a rare opportunity for investors seeking a secure and profitable retail investment in a thriving Southern Illinois market. The property is part of a larger retail trade area, serving as a key commercial hub in the region. The center's proximity to major roadways and numerous hotels further enhances its visibility and accessibility. This is a turn-key investment with a proven track record of success. 76% of the gross leasable area is occupied by national retailers, providing stability and reducing tenant turnover risk. The property's location within the Marion-Herrin Micropolitan Area and the Carbondale-Marion-Herrin Combined Statistical Area ensures access to a large and diverse customer base.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Williamson
- State
- Illinois
- Longitude
- -88.9692
- Latitude
- 37.7463
- CBSA code
- 16060
- CBSA name
- CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$59,679
$154,530
$615,450
$769,980
-
$463,590
$1,846,350
$2,309,940
