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Financial
Distress signals
Property profile

345 Roosevelt Ave Burlington, IA 52601

OFF-MARKET
Drive through restaurants
Property ID
US25-0436571
2,900 SF 0.48 ac lot Built 1976
Last sale Nov 2016 · $1,406,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 345 N Roosevelt Ave in Burlington, Iowa is a restaurant commercial asset associated with a KFC location and is situated along a major retail corridor. It is configured for restaurant use and includes features consistent with quick-service operations, including drive-through capacity. The tenancy was structured under a long-term absolute NNN lease arrangement with tenant responsibility for property-level operating costs, and the lease included scheduled annual increases. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$17k
Tax billed · 2021
Assessed value · 2023$675k
Assessed land$250k
Assessed improvement$425k
Effective rate2.46%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$290k

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?
C2
The intent of this District is to provide for commercial business activities of a more general retail and wholesale nature, where no manu...
General categoryINDUSTRIAL
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 agency19.5
Dental Office15.9
Parking Facility12.7

Location

345 Roosevelt Ave Burlington, IA 52601-1757
County assessor Recorded deeds · 8 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 · 14 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
318 4th, Burlington, IA 52601-5314 $25,000 Oct 2023 3,300 SF
1400 Osborn, Burlington, IA 52601-4627 $75,000 Jun 2023 2,784 SF
2621 Mt Pleasant, Burlington, IA 52601-2135 $236,500 May 2023 3,040 SF
1123 9th, Burlington, IA 52601-5909 $15,000 May 2023 2,513 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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