2756 Mt. Pleasant St Burlington, IA 52601
This exceptional 1.82-acre commercial land parcel presents a unique investment opportunity in Burlington, Iowa. Located at the high-traffic intersection of Mt. Pleasant Street and N. Roosevelt Avenue, this outparcel boasts excellent visibility and accessibility. The property is situated within a thriving mixed-use shopping center, conveniently positioned between City Center, a BP gas station, and a Subway restaurant. Other nearby amenities include a variety of retail establishments, restaurants, hotels, and the Catfish Casino. The site offers dual access points, one from Mt. Pleasant Street and another from N. Roosevelt Avenue, enhancing its versatility and appeal. This property is designated as an "Opportunity Zone," offering potential tax advantages. The existing City Center tenant mix includes Subway, Farm Bureau, Universal Therapy Group, Billy Sims BBQ, Steindler Orthopedic Clinic, and other businesses. The asking price for this strategically located outparcel is $500,000, translating to approximately $274,725 per acre. The APN is 11-30-351-009. This is an ideal site for a variety of commercial developments, capitalizing on its prime location and high visibility within a bustling commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.