Property profile

1717 Summer St Burlington, IA 52601

OFF-MARKET
Turn key restaurants
Property ID
US25-0043462
1,918 SF 0.11 ac lot Built 1971
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1971
Construction FRAME
Total area 1,918 SF
Lot 0.11 ac (4,704 SF)
Zoning code C1
APN 16-08-183-012
UPID US25-0043462

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1717 Summer St Burlington, IA 52601-3268
Burlington metro Census 500 BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2021
5 recorded transactions
2021
$75,000
2016
Price N/A
2016
$38,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Burlington, IA
Zoning description

The intent of this district is to allow a transition area between limited commercial growth and residential neighborhoods

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 1717 Summer St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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