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Property profile & analytics
OFF-MARKET Estimated value $3,300,000
Hotels

1780 Stonegate Ctr Dr Burlington, IA 52601-1581

18,002 SF 8.01 ac lot Built 2004
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1132111
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity is located at 1780 Stonegate Center Dr, Burlington, IA 52601. The 6,000 square foot space is ideally situated adjacent to the Comfort Suites Hotel, offering convenient access for hotel guests and high visibility from Highway 61 (Roosevelt Ave). The property boasts a separate entrance from the hotel, ensuring independent operation. The space is fully furnished and equipped with a complete kitchen, restaurant, and bar fixtures, allowing for immediate commencement of business. This significantly reduces start-up costs and time. The property sits on 8.01 acres of land, offering ample space and potential for future expansion. Its strategic location near the Southeast Iowa Burlington Regional Airport further enhances its appeal and accessibility. The property's APN is 15-12-276-017, and it's located in Des Moines County. This is a rare opportunity to acquire a fully operational restaurant in a high-traffic area with excellent visibility and convenient access. The property's turnkey nature makes it an attractive investment for experienced restaurateurs or those seeking a quick entry into the market. Don't miss this chance to own a thriving business in a prime location.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2004
Total area 18,002 SF
Lot 8.01 ac (348,916 SF)
APN 15-12-276-017
UPID US25-1132111
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
Current use
Occupant on record · Public records
  • Stonegate Conference Center Wedding Service
  • Comfort Suites Burlington Hotel & Motel
  • Stonegate Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.30M
Owner & transaction history
Shri Ram Hospitality LLC · 2 yrs held
Shri Ram Hospitality LLC
since 2024
Last sale
$3.3M
5 recorded transactions
2024
$3.3M
2015
Price N/A
2013
$3.1M
2013
$4.7M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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