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    Property profile & analytics

    Halfway Rd Marion, IL 62959

    • Commercial land
    • 2.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4265646
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for Halfway Rd

    Lot size
    2.70 lot acres
    Property type
    Commercial land
    APN
    06-11-300-050
    APU
    611300050

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Williamson
    State
    Illinois
    Longitude
    -88.9611
    Latitude
    37.751
    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
    $154
    $1,990
    $0.00
    $1,990
    -
    $5,970
    $0.00
    $5,970

    Comparable in this City

    • Value Estimation by Request
      0.57 Acres

      Easy St

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      1302 Glendale St

      VACANT COMMERCIAL LAND
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    • Value Estimation by Request
      0.03 Acres

      Halfway Rd

      VACANT COMMERCIAL LAND • 0.03 Acres
      Halfway Rd, Marion, IL 62959
      View Details
    • Value Estimation by Request
      0.99 Acres

      500 Hamlet St

      VACANT COMMERCIAL LAND • 0.99 Acres
      500 Hamlet St, Marion, IL 62959-1036
      View Details
    • Value Estimation by Request

      Jackson St

      VACANT COMMERCIAL LAND
      Jackson St, Marion, IL 62959
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    • Value Estimation by Request

      1602 Kimmel St

      VACANT COMMERCIAL LAND
      1602 Kimmel St, Marion, IL 62959-1003
      View Details

    Similar Nearby for Sale

    • $1,100,000
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      Prime Commercial Land Opportunity

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      Marion, IL Commercial Land

      7.21 acres of commercial land ready for development.
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    • $270,000
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      Land Near Route 13

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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land Build-to-Suit Opportunity

      Commercial land available for build-to-suit office space.
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      9,000 SF

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      149,672 SF

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      Commercial Space Near Highway 13

      Two commercial suites available for lease near Highway 13.
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      Commercial Suites Available for Lease

      Three commercial suites available for lease near Hwy. 13.
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    Halfway Rd
    Marion, IL 62959
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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