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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Auto shops
309 Gear Ave, West Burlington, IA 52655-1032
Individually Owned
~
Est. High Equity
Property ID
US25-0039302
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2002
Total area
23,796 SF
Lot
11.04 ac (480,902 SF)
Zoning code
B2
APN
10-35-127-005
UPID
US25-0039302
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
-
Shottenkirk Chrysler Dodge Jeep RAM West Burlington Car Dealership Auto Repair Shop
-
Intoxalock Ignition Interlock Building Supply General Contractor
-
NAPA Auto Parts - Shottenkirk Auto Parts Auto Parts Store
-
The Beancounter Cafe Cafe & Coffee Shop
-
Shottenkirk Ford Lincoln Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Shottenkirk Ptshp
Shottenkirk Ptshp
1 recorded transaction
Zoning & alternative use
B2 · West Burlington, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.4M
+52.6%
Office building
$1.9M
+23.2%
Restaurant
$1.9M
+19.9%
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 West Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,580,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,410,000
Change: +53% · Conversion: Difficult
OFFICE BUILDING
$1,945,000
Change: +23% · Conversion: Difficult
RESTAURANT
$1,895,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$1,850,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10%
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
$68 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$134,012
Tax year 2021
Assessed value
$5,533,100
Assessed 2023
Previous assessed
$4,521,400
+22.4% YoY
Effective rate
2.42%
On assessed value
Assessed land
$752,000
Assessed improvement
$4,781,100
Land market value
$752,000
Improvement market value
$4,781,100
Total market value
$5,533,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2002
Heating
NONE
Buildings
2
Stories
1
Total area
23,796 SF
Lot
11.04 ac (480,902 SF)
Zoning code
B2
APN
10-35-127-005
UPID
US25-0039302
Jurisdiction
DES MOINES
Zoning & alternative use
B2 · West Burlington, IA
Zoning B2 · permitted uses
B2 · West Burlington, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.9M
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Buildings
2
Lot
11.04 ac
Current owner
From public records · entity-resolved
Shottenkirk Ptshp
Individual
Mailing address
PO BOX 397, WEST BURLINGTON, IA 52655-0397
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Shottenkirk Ptshp
—
Deed Of Trust
related
$4,000,000 · Dubuque Bk&tr
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.
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