Entity Owned 
For Sale
1 / 65
$675,000
112 W Division St, West Burlington, IA 52655
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Property summary
AI-generated overview
The property consists of a 0.8-acre parcel of land located within a business park area. The parcel is positioned near Southeast Iowa Regional Medical Center, the Burlington RecPlex, and Southeastern Community College. The final legal boundaries are subject to completion of a survey.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2000
Total area
3,239 SF
Lot
2.89 ac (125,888 SF)
Zoning code
I3
APN
15-01-103-005
UPID
US25-0147333
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$260k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$310k
Owner & transaction history
since 2010
3 recorded transactions
Zoning & alternative use
I3 · West Burlington, IA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$310k
Value range
$279k – $341k
±10% around blend
Estimated value / SF
$96 / SF
Confidence
Low
3 county-verified comps
Property data
100
Comparable evidence
30
$279k
blend $310k
$341k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,239 SF
Lot area
2.89 ac
Year built
2000
Stories
1
APN
15-01-103-005
Zoning
I3
Assessed value
$615,800
Annual tax
$11,184
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$441k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.6 mi away · 2,856 SF
23.6 mi away · 3,103 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$310k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$616k
Move the market yield to see immediate price impact.
Value / SF
$190
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$39k
$776k
$554k
$431k
$43k
$862k
$616k
$479k
$47k
$948k
$677k
$527k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$800k
1.2 mi · Sep 2025 · $304/SF
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$11,184
Tax year 2021
Assessed value
$615,800
Assessed 2023
Previous assessed
$468,700
+31.4% YoY
Effective rate
1.82%
On assessed value
Assessed land
$121,400
Assessed improvement
$494,400
Land market value
$121,400
Improvement market value
$494,400
Total market value
$615,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2000
Heating
NONE
Stories
1
Total area
3,239 SF
Lot
2.89 ac (125,888 SF)
Zoning code
I3
APN
15-01-103-005
UPID
US25-0147333
Jurisdiction
DES MOINES
Zoning & alternative use
I3 · West Burlington, IAZoning I3 · permitted uses
I3 · West Burlington, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Stories
1
Lot
2.89 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I3
Jurisdiction
West Burlington, IA
Recorded code
I3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I3 in West Burlington, IA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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