115 4th St Burlington, IA 52601-5503
Property profile & analytics
115 4th St, Burlington, IA 52601-5503
- Warehouses
- 23,488 SF
- 0.29 lot acres
Property ID
US25-0417952
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- City of Parks Kitchen Remodeling Solutions / Hardware & Home Improvement / Interior Design
Property Details for 115 4th St
- Year built
- 1918
- Lot size
- 0.29 lot acres
- Zone code
- C3
- Property type
- Warehouses
- APN
- 16-05-238-004
- APU
- 1605238004
Description
This exceptional 1-square-foot industrial warehouse, located at 115 N 4th Street in Burlington, Iowa, presents a unique investment opportunity. Built in 1918, this property sits on a 0.31-acre lot and is priced at $1,010,000. While the main warehouse space is currently 1 square foot, the property includes a significant additional component: a grand penthouse with beautiful arched windows, currently under renovation. The warehouse itself boasts recent renovations, ample storage space, loading docks, a functional freight elevator, and an adjoining two-stall electric commercial garage. Its prime downtown location places it within easy walking distance of restaurants, bars, and local shops. The property's versatility is further enhanced by the current owner's willingness to lease the space back to the new owner for $9,000 per month, providing immediate rental income potential. This is a rare chance to acquire a historic building with significant upside in a thriving downtown area. The property's unique blend of renovated warehouse space and a high-potential penthouse makes it an ideal investment for a variety of uses. The zip code is 52601, and the property is situated in Des Moines County.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Des Moines
- State
- Iowa
- Longitude
- -91.1046
- Latitude
- 40.809
- CBSA code
- 15460
- CBSA name
- BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,490
$13,000
$122,600
$135,600
-
$13,000
$122,600
$135,600
