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Property profile

316 4th St Burlington, IA 52601

OFF-MARKET
Turn key restaurants
Property ID
US25-2586243
6,840 SF 0.08 ac lot Built 1880
Last sale Oct 2012 · $169,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a mixed-use building in downtown Burlington with a long-established Italian restaurant occupying the main level (3,420 sq. ft.). The building totals 6,840 sq. ft. and includes an upstairs 2-bedroom apartment and a full basement. It is located about half a block from City Hall, within an area surrounded by retail and office uses. The property is zoned for commercial real estate and can support uses such as a conventional restaurant or retail space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$6k
Tax billed · 2021
Assessed value · 2023$231k
Assessed land$5k
Assessed improvement$226k
Effective rate2.79%

Value estimate

· Nov 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
The Central Business District, Downtown Mixed Use, is intended to provide appropriate development regulations for Downtown Burlington, th...
General categoryMIXED_USE
JurisdictionDES MOINES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.7
Auto Parts Store11.1
Wholesale Shop10.9

Location

316 4th St Burlington, IA 52601-5314
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2761 Mt Pleasant, Burlington, IA 52601-2170 $1,952,118 Aug 2024 3,449 SF
604 Jefferson, Burlington, IA 52601-5428 $65,000 Aug 2024 13,495 SF
3620 Flint Rdg, Burlington, IA 52601-9403 $385,000 Jan 2024 4,000 SF
3258 Rock Spg, Burlington, IA 52601-8991 $182,527 Aug 2023 5,216 SF
214 Jefferson, Burlington, IA 52601-5212 $235,000 May 2023 3,564 SF
616 Jefferson, Burlington, IA 52601 $135,000 Feb 2023 8,512 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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