1605 Yearack DrMarion, IL 62959

Property Details for 1605 Yearack Dr

Lot size

7.20 AC

Property type

Land

Description

This exceptional 7.2-acre commercial land parcel presents a remarkable investment opportunity in Marion, Illinois. Ideally situated at 1605 Yearack Dr, 62959, this property boasts approximately 500 feet of road frontage and benefits from its location between the Kokopelli golf course community and Rent One Park, a 5,000+ seat stadium hosting various events. The area is experiencing rapid growth, with a significant increase in traffic volume since a 2016 count of 5,400 vehicles per day at the nearest intersection (now estimated to be double). Surrounding businesses include major retailers like Walmart and Sam's Club, restaurants such as Buffalo Wild Wings, hotels (Drury Inn, Holiday Inn Express), and Black Diamond Harley Davidson & RV Sales. Proximity to Interstate 57 (one mile northwest) and a small commercial airport with an average of 56 daily flights further enhances its appeal. The property is zoned for commercial use and can be subdivided into three parcels. Located within a Tax Increment Financing (TIF) District, this land offers potential incentives lasting 18-20 years. The asking price is $2,500,000, with a land value of $7.91 per square foot. This property offers unlimited potential for development.

Location Insight

City

Marion

County

Williamson

State

Illinois

Latitude

37.7494

Longitude

-88.9689

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