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    1780 Stonegate Ctr Dr Burlington, IA 52601-1581
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    Property profile & analytics

    1780 Stonegate Ctr Dr, Burlington, IA 52601-1581

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    • Hotels
    • 18,002 SF
    • 8.01 lot acres
    Off-Market
    Last Sale Jul 11, 2024
    $3,300,000
    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.

    Value Estimations
    $3,300,000
    Show details
    Cap Rate Potential
    3.8%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Stonegate Conference Center / Wedding Service
    • Comfort Suites Burlington / Hotel & Motel
    • Stonegate Grill / Restaurant

    Property Details for 1780 Stonegate Ctr Dr

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

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 11, 2024 $3,300,000 Shri Ram Hospitality LLC Gre Cs Burlington LLC Warranty Deed $338k · Cusb Bank
    May 1, 2015 Gre Cs Burlington LLC Stonegate Lodging INC Special Warranty Deed
    Sep 4, 2013 $3,100,000 Stonegate Lodging INC Ore INC Trustees Deed $4.6M · Mcfarland St Bk
    Jan 15, 2013 $4,700,000 Ore INC Sheriff Of Des Moines County Trustees Deed
    Triple S Leasing LLC Deed Of Trust · related $1.7M · Two Rivers Bk

    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 estimation — 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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