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    423 3Rd St Burlington, IA 52601

    Sponsored
    For Sale
    $628,000
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 423 3Rd St

    General Information

    Property type
    Land
    Lot Size
    6,970 SF

    HighLights

    • Historic all‑stone building in downtown Burlington, Iowa, ideal for restaurant, Airbnb, or bed and breakfast use.
    • Dual‑use design perfect for entrepreneurs and investors.
    • Stunning river views and outdoor patio with firepit.
    • Upstairs lounge area suitable for private events or guest relaxation.
    • Two‑car garage provides ample storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Good Restaurant + Lounge Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Des Moines
    State
    Iowa
    Longitude
    -91.1024535
    Latitude
    40.8115461

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    FAQs

    Where is this land located?
    The property is located at 423 3Rd St Burlington, IA.
    What is the asking price?
    The asking price for this property is $628,000.
    What are key features of this property?
    This property features: Historic all-stone building in downtown Burlington, Iowa, ideal for restaurant, Airbnb, or bed and breakfast use.; Dual-use design perfect for entrepreneurs and investors.; Stunning river views and outdoor patio with firepit.
    Request Owner's contact information
    423 3Rd St Burlington, IA 52601
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    Burlington, IA 52601
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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
    423 3Rd St Burlington, IA 52601
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