308 Burlington Ave Fairfield, IA 52556-3241
This exceptional 0.42-acre commercial property at 308 W Burlington Avenue, Fairfield, IA, is ideally situated on a prominent corner lot at the intersection of Burlington Avenue and 4th Street, offering unparalleled visibility and accessibility. Priced at $435,000, this property presents a unique opportunity for redevelopment or repurposing. The existing building features solar power, a significant advantage for energy efficiency and cost savings. Its location in the heart of Fairfield ensures high traffic volume and exposure to a substantial customer base. The spacious lot allows for a variety of development options, making it suitable for a wide range of commercial uses, including retail establishments, automotive services, or other new construction projects. This prime location offers immense potential for entrepreneurs and investors seeking a high-impact commercial venture in a thriving Iowa community. The property's strategic placement and existing infrastructure make it an attractive investment with significant upside potential. The existing building's solar capabilities represent a substantial cost-saving feature, further enhancing the property's value proposition. Serious inquiries are encouraged to explore the possibilities this exceptional Fairfield commercial property offers. The size of the building is not currently specified, but the expansive lot size provides ample room for expansion or new construction. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a desirable Iowa market.
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bp Gas Station
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Smithburg Automotive Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.