Mixed-Use Facility with Truck
New
For Sale
$769,900
3615 Flint Ridge Drive, Burlington, IA 52601
Commercial Sale, Burlington, IA
Property Size8,100 SF
Lot Size0.99 Acres
Price / SF$95.05
Days on Market2
Property Features for 3615 Flint Ridge Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
FLINT RIDGE BUSINESS PARK 11TH
Directions
Take East Agency St then turn left on West Burlington Ave, then right onto Flint Ridge Drive.
Standard status
Active
APN
15-01-126-018
Lot size
0.99 Acres
Additional Details
Mixed-Use Components
retail, office, warehouse, manufacturing
Taxes and HOA fees
Tax Year
2023
Tax Description
FLINT RIDGE BUSINESS PARK 11TH ADDTN LOT 4B
Tax Annual Amount
8642
Legal Description
FLINT RIDGE BUSINESS PARK 11TH ADDTN LOT 4B
Utilities
Heating system
Radiant
Water source
Public
Amenities
offices
full bath
half baths
overhead doors
high ceilings
air lines
gas forced heat
air conditioning
radiant heat
three phase electric
truck dock
Building Details
Year built
2002
Number of units
1
Building materials
Vinyl Siding
Listing Agency:
Century 21/Property Professionals
(319) 753-6000
Listed By:
Elizabeth Ross · License #***
(319) 750-0010
Added: Oct 29
Last Checked: Oct 30 at 6:06PM
MLS# 6330011
Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use commercial facility combines 2,500 square feet of retail and office space with 5,600 square feet of warehouse and manufacturing area. Showroom partitions can be removed to create a more open floor plan. The property also includes three offices, one full bathroom, two half bathrooms, two overhead doors, high ceilings, air lines and a truck dock. Heating includes gas forced air and radiant systems, with air conditioning and three-phase electric service. The building was constructed in 2002 and sits on a 0.99-acre lot.
Located in Flint Ridge business park in Burlington, the property is directly across from Lowe’s. Public water serves the site.
Located in Flint Ridge business park in Burlington, the property is directly across from Lowe’s. Public water serves the site.
Key Highlights
- 2,500 square feet of retail and office space; 5,600 square feet of warehouse and manufacturing area
- Showroom partitions can be removed to open the retail area
- Three offices, one full bathroom and two half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,916
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,320
$1.3M
Cap Rate 7%
$898,800
$898.8K
Cap Rate 9%
$699,067
$699.1K
Market Conditions
NOI Build-Up for 8,100 SF
Gross rent
$119.6K $14.76/SF
− Vacancy
−$18.9K −$2.33/SF
EGI
$100.7K $12.43/SF
− OpEx
−$37.7K −$4.66/SF
NOI
$62.9K $7.77/SF
Area
Des Moines County, IA
Vacancy
15.80%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,258,320
Cap Rate 7%
$898,800
Cap Rate 9%
$699,067
Alternative Uses
Best Use
Warehouse
$1.21M
$1.06M – $1.41M
NOI $84,855 @ 7.0% cap · market cap 11.02%
Second Best
Industrial
$1.12M
$981.3K – $1.31M
NOI $78,500 @ 7.0% cap · market cap 10.20%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,685 @ 7.0% cap · market cap 18.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
Demographics for 52601, IA
27,899
Population
14,107
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
94%
High-School Grad
109.3 sq mi
ZIP Area
255
Density / Sq Mi
$57,123
Median Household Income
$35,594
Median Earnings
$921
Median Rent
$125,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office areas occupy the front, with warehouse and manufacturing space behind.
Where is this mixed-use property located?
The property is located at 3615 Flint Ridge Drive Burlington, IA.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: 2,500 square feet of retail and office space; 5,600 square feet of warehouse and manufacturing area; Showroom partitions can be removed to open the retail area; Three offices, one full bathroom and two half bathrooms
