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
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1976
Total area 2,900 SF
Lot 0.48 ac (20,822 SF)
Zoning code C2
APN 10-36-476-009
UPID US25-0436571

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

345 Roosevelt Ave Burlington, IA 52601-1757
Burlington metro Census 300 BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2016
7 recorded transactions
2017
Price N/A
2016
$1.4M
2016
$1.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Burlington, IA
Zoning description

The intent of this District is to provide for commercial business activities of a more general retail and wholesale nature, where no manufacturing, assembling, or fabrication is involved without the intrusion of resident…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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