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    OFF-MARKET
    Office buildings

    2115 Roosevelt Ave, Burlington, IA 52601-2302

    1,121 SF 0.24 ac lot Built 1925
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US25-1203278
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 2115 N Roosevelt Avenue in Burlington, Iowa, presents a unique investment opportunity. The property enjoys a highly desirable location along the busy US Highway 61, experiencing a significant daily traffic count exceeding 23,000 vehicles. This high visibility ensures excellent exposure for any business. The offering encompasses a total of three parcels, providing ample space and flexibility for various development possibilities. Included in the sale is a detached two-car garage, offering additional storage or workspace. One parcel is a vacant lot, presenting further potential for expansion or future development. The property is priced at $250,000 and sits on a 0.24-acre lot. Its strategic location and versatile configuration make it an ideal choice for entrepreneurs seeking a prominent presence in a thriving area. The high volume of daily traffic guarantees substantial visibility, making this property an attractive investment for businesses seeking maximum exposure and accessibility. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. Don't miss this chance to secure a prime location in a bustling commercial corridor.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1925
    Construction FRAME
    Total area 1,121 SF
    Lot 0.24 ac (10,324 SF)
    APN 10-25-430-015
    UPID US25-1203278
    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
    • Zahner Memorials General Contractor
    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
    LAWRENCE D ZAHNER
    LAWRENCE D ZAHNER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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