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Property profile & analytics
OFF-MARKET
Estimated value
$24,380,000
Manufacturing properties
3009 Sylvania Dr Burlington, IA 52601-2078
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0043728
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1957
Total area
183,551 SF
Lot
18.79 ac (818,492 SF)
Zoning code
M1
APN
10-36-277-001
UPID
US25-0043728
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
-
Federal-Mogul Ignition LLC; A Tenneco Group Company Industrial Manufacturer Production Facility
-
UAW Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.38M
Owner & transaction history
Cf Here In My Car LLC · 3 yrs held
Cf Here In My Car LLC
since 2023
Last sale
$23.8M
2 recorded transactions
Zoning & alternative use
M1 · Burlington, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$22,610,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$29,650,000
6.5%
$27,365,000
7%
$25,410,000
Blend value · Realmo final
$24.38M
Range $21.94M – $26.82M · ±10% · vs last sale $23.77M (Jun 16 2023)
Last sale anchor
$23.77M
Jun 16 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$133 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$86,522
Tax year 2023
Assessed value
$2,631,600
Assessed 2024
Previous assessed
$2,631,600
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$326,900
Assessed improvement
$2,304,700
Land market value
$326,900
Improvement market value
$2,304,700
Total market value
$2,631,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1957
Heating
NONE
Buildings
17
Stories
1
Total area
183,551 SF
Lot
18.79 ac (818,492 SF)
Zoning code
M1
APN
10-36-277-001
UPID
US25-0043728
Jurisdiction
DES MOINES
Zoning & alternative use
M1 · Burlington, IA
Zoning M1 · permitted uses
M1 · Burlington, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
NONE
Stories
1
Buildings
17
Lot
18.79 ac
Current owner
From public records · entity-resolved
Cf Here In My Car LLC
Entity
Free & Clear · 3 yrs held
Mailing address
15701 S TECHNOLOGY DR #6, NORTHVILLE, MI 48168-2849
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2023
$23,774,500
Cf Here In My Car LLC
Federal Mogul Ignition LLC
Special Warranty Deed
—
Aug 14, 2018
—
Federal-mogul Ignition LLC
Federal-mogul Ignition Co
Quit Claim Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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