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Prime 4.15-acre commercial lot located at the highly visible corner of Progress Parkway and Prairie Dell in the sought-after Union Corporate Center. Positioned within Union's thriving industrial district, this I-1 General Industrial zoned property offers an outstanding opportunity for businesses, investors, and developers looking to establish a presence in one of the area's fastest-growing commercial corridors. Significant site improvements have already been completed, including extensive dirt work and grading, lot leveling, installation of a culvert, a poured concrete entrance, and approximately 500 tons of rock providing a solid road base and gravel parking/storage area. Utilities are available on site, helping streamline future development plans. Surrounded by successful businesses and located directly across from the American Welding Academy, this property benefits from excellent visibility, accessibility, and proximity to a growing workforce. Nearby amenities include shopping, restaurants, and Veterans Memorial Park, making this an ideal location for a wide variety of industrial, commercial, or service-based uses. Take advantage of this development-ready corner lot and become part of the continued growth and success of East Union.

Highlights

  • Commercial Sale
  • Industrial
  • 4.15 Acre Lot
  • 155 days on Market

  • Construction Materials
    Concrete

  • Acres
    4.15

  • Area
    362 - Union R-11
  • County
    Franklin
  • City
    Union
  • Neighborhood
    Union Corporate Center
  • Zip Code
    63084

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Frequently Asked Questions

How do I schedule a tour of 5 Progress Pkwy?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5 Progress Pkwy.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5 Progress Pkwy?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $225,000. We can talk through recent upgrades, potential seller motivation, how this industrial compares to others in Union, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5 Progress Pkwy?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 5 Progress Pkwy at around $1,310. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5 Progress Pkwy?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Franklin County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5 Progress Pkwy?

In most cases, yes. Whether 5 Progress Pkwy is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Union's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5 Progress Pkwy?

We can handle that for you. Our preferred local agent specializes in commercial sales in Union and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

5 Progress Pkwy was listed on June 08, 2026, which means it's been on the market for 155 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

5 Progress Pkwy sits on a 4.15-acre lot, which is 180,774 square feet.

What are the property taxes for 5 Progress Pkwy?

The most recent public record shows annual property taxes for 5 Progress Pkwy were approximately $360. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 5 Progress Pkwy still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 01:30PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Source: MARIS MLS | MLS#: 26035629