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1605 Yearack Dr - Williamson county parkway 7.21 Acres of Commercial Land Offered at $2,500,000 in Marion, IL 62959

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INVESTMENT HIGHLIGHTS

  • Property is in the busiest business district of Marion IL and located close to interstate 57 with over 150,000 cars passing

EXECUTIVE SUMMARY

7.21 acres of commercial land ready to be developed! located 1 mile northwest 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 and has Star Bonds available for retail or take advantage of the TIFF program with 18 years left and 2 -5 yr renewable options. There is also a sport complex currently being built 1 block away which will increase traffic and bring people to the area in vast amounts.

PROPERTY FACTS

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Hospitality
  • Apartment Units - Condo
  • Department Store
  • Golf Course or Driving Range
  • Hold For Development
  • Hotel
  • Restaurant
  • Storefront, Retail or Residential
  • Supermarket
Total Lot Size 7.21 AC
No. Stories 1
Zoning commercial - Commercial

1 LOT AVAILABLE

Lot

Price $2,500,000
Price Per AC $346,740.64
Lot Size 7.21 AC

parcels combined total 7.21 acres

DESCRIPTION

7.2 acres of commercial land ready to be developed

  • Listing ID: 31269290

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 1605 Yearack Dr, Marion, IL 62959

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