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Property profile & analytics

1780 Stonegate Ctr Dr Burlington, IA 52601-1581

  • Hotels
  • 18,002 SF
  • 8.01 lot acres
OFF-MARKET
Last Sale
Jul 11, 2024
$3,300,000
Value Estimations
$3,300,000
Show details
Cap Rate Potential
3.8%
Hotels
Location Intelligence
Property ID
US25-1132111
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.

Current Use by Public Records

  • Stonegate Conference Center / Banquet Hall / Wedding Venue
  • Comfort Suites Burlington / Hotel
  • Stonegate Grill / Restaurant

Property Details for 1780 Stonegate Ctr Dr

Year built
2004
Lot size
8.01 lot acres
Property size
18,002 SF
Property type
Hotels
Property subtype
Motels
APN
15-12-276-017
APU
1512276017

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $3,300,000
    ML approach
    $3,300,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Burlington
County
Des Moines
State
Iowa
Longitude
-91.1445
Latitude
40.7903
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
2021
$179,548
$450,400
$5,665,000
$6,115,400
-
$450,400
$5,665,000
$6,115,400
More about this property
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