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Property profile & analytics
OFF-MARKET
Bars & Pubs
1611 Osborn St Burlington, IA 52601
Entity Owned
~
Est. High Equity
Property ID
US25-0448671
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1900
Construction
FRAME
Total area
3,629 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C1
APN
11-32-129-023
UPID
US25-0448671
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hallers Bar & Grill INC
Hallers Bar & Grill INC
since 2026
4 recorded transactions
Zoning & alternative use
C1 · Burlington, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this district is to allow a transition area between limited commercial growth and residential neighborhoods
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
159.51 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$2,390
Tax year 2021
Assessed value
$143,200
Assessed 2023
Previous assessed
$143,200
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$7,200
Assessed improvement
$136,000
Land market value
$7,200
Improvement market value
$136,000
Total market value
$143,200
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
NONE
Buildings
4
Stories
2
Rooms
1
Total area
3,629 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C1
APN
11-32-129-023
UPID
US25-0448671
Jurisdiction
DES MOINES
Zoning & alternative use
C1 · Burlington, IAZoning C1 · permitted uses
C1 · Burlington, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this district is to allow a transition area between limited commercial growth and residential neighborhoods
Zone name
Limited Commercial
General category
COMMERCIAL
Zone area
159.51 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
NONE
Stories
2
Buildings
4
Rooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Hallers Bar & Grill INC
Entity
Mailing address
1619 OSBORN ST, BURLINGTON, IA 52601-4548
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2026
$75,000
Hallers Bar & Grill INC
Hallers Tavern INC
Warranty Deed
related
$90,000 · Farmers And Merchants Trust
Nov 20, 2019
$75,000
Hallers Bar & Grill INC
Hallers Tavern INC
Grant Deed
—
Nov 14, 2019
$75,000
Hallers Bar & Grill INC
Hallers Tavern INC
Grant Deed
—
Apr 25, 2011
—
Hallers Tavern INC
Myers,terri L
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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