Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Flint Ridge Business Park Land Title is generated by Realmo AI

    Division Street & West Burlington, Burlington, IA 52601

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land available in Flint Ridge Business Park.

    Type:Land
    Lot size:
    0.92 Acres
    Added:
    Apr 26, 2023
    Days on Market:
    1138
    Last Refresh:
    May 12 at 9:57 pm

    Property Features for Division Street & West Burlington

    General Information

    Standard status
    Active
    Lot size
    0.92 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jesse Caston

    Listing agent Jesse Caston License #IA S58006000

    Listing office CDM Real Estate Services

    Listing date Apr 26, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CDM Real Estate Services

    HighLights

    • Available lot sizes range from 0.92 acres to 25.18 acres, offering flexibility.
    • Located in a desirable area bordering Burlington and West Burlington.
    • Proximity to Highways 34 & 61 (5 minutes away) provides excellent transportation access.
    • All utilities are in place, including 69kv, 3‑phase electric and 6” high‑pressure gas main service.
    • The 321‑acre business park supports a diverse mix of businesses.
    • Established business park with notable companies.

    Overview

    Flint Ridge Business Park offers lots ranging in size from 0.92 acres to 25.18 acres. Located bordering the cities of Burlington and West Burlington, the business park is situated 5 minutes from Highways 34 & 61. This 321-acre complex accommodates a mix of industrial, commercial, service, and recreational businesses. All utilities are in place, including 69kv, 3-phase electric and 6” high-pressure gas main service. Companies in the park include PPG Industries, Dresser-Rand, Cobo International, Borghi USA, and Silgan Containers Corporation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Burlington
    County
    Des Moines
    State
    Iowa
    Longitude
    -91.151038
    Latitude
    40.818001

    Nearby Similar for Sale

    • $769,900
      8,100 SF

      Versatile Commercial Asset in Burlington

      Well-maintained commercial property with retail, office, and warehouse space.
      3615 Flint Ridge Drive, Burlington, IA 52601
      View Details
    • $234,000
      5,536 SF

      Versatile Commercial Property in Burlington

      Adaptable 4,640 sq ft property suitable for various uses.
      1804 Douglas Avenue, Burlington, IA 52601
      View Details
    • $449,000
      18,000 SF

      Former Bowling Alley/Brewery Opportunity

      Versatile 18,000 SF building suitable for various commercial ventures.
      2601 Madison Avenue, Burlington, IA 52601
      View Details
    • $389,900

      Updated Office Building with River Views

      Two-story office building near downtown Burlington with Mississippi River views.
      724 N 3Rd Street, Burlington, IA 52601
      View Details
    • $399,900
      4,000 SF

      Burlington Commercial Building on Large Lot

      4,000 sq ft commercial building on 1.72+/- acre lot.
      3620 Flint Ridge Dr, Burlington, IA 52601
      View Details
    • $550,000

      Versatile Commercial Property in Burlington

      Commercial property with office, shop, and storage space on 1-acre.
      800 Cash Street, Burlington, IA 52601
      View Details
    • $79,000
      1,891 SF

      Burlington Duplex: Investment Opportunity

      Duplex in Burlington, Iowa with recent updates.
      1110 Bartlett Street, Burlington, IA 52601
      View Details
    • $799,000
      15,959 SF

      Historical Building in Downtown Burlington

      Restored 15,959 SF building with restaurant/brewery potential.
      500 Jefferson St, Burlington, IA 52601
      View Details
    • $14,000

      Vacant Corner Lot in Burlington

      Level lot suitable for building a single-family home.
      830 Oak Street, Burlington, IA 52601
      View Details
    • $156,499

      Updated Commercial Property in Burlington

      Well-maintained commercial property with modern upgrades and ADA accessibility.
      1240 S Main Street, Burlington, IA 52601
      View Details
    • $650,000

      Burlington Vacant Land Opportunity

      18.79 acres of land with highway frontage near Burlington.
      6300 Highway US-61 South, Burlington, IA 52601
      View Details
    • $44,000

      Spacious Lot in Burlington, Iowa

      Large lot suitable for custom home or investment property.
      1742 Weimer Street, Burlington, IA 52601
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land available in Flint Ridge Business Park.
    Where is this commercial land located?
    The property is located at Division Street & West Burlington Burlington, IA.
    What are key features of this property?
    This property features: Available lot sizes range from 0.92 acres to 25.18 acres, offering flexibility.; Located in a desirable area bordering Burlington and West Burlington.; Proximity to Highways 34 & 61 (5 minutes away) provides excellent transportation access.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jesse Caston
    Real Estate License ID: IA S58006000
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Division Street & West Burlington, Burlington, IA 52601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!