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Property profile & analytics
FOR SALE
Flex space

3615 Flint Ridge Dr Burlington, IA 52601

8,154 SF 0.99 ac lot Built 2002
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US25-0043591
Property summary
AI-generated overview

This exceptional 8,100 square foot commercial property at 3615 Flint Ridge Drive in Burlington, IA, presents a unique investment opportunity. The building boasts a well-maintained interior and offers a versatile layout suitable for a variety of businesses. Over 2,500 square feet of finished retail space is located at the front, providing ample room for customer interaction and display. Two offices, each equipped with gas forced air (GFA) heating and central air conditioning, offer private workspaces. The property's true strength lies in its expansive warehouse/manufacturing space, encompassing nearly 6,000 square feet. This area features essential amenities for efficient operations, including air lines, 3-phase electrical service, overhead doors, and a loading dock. The building also includes one full bathroom and two half bathrooms. Priced at $850,000, this property offers significant value, considering the substantial square footage and the cost to replicate such a well-equipped building. The asking price translates to approximately $105 per square foot, making it an attractive proposition for discerning investors seeking a versatile and well-maintained commercial space in a desirable location.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2002
Construction FRAME
Total area 8,154 SF
Lot 0.99 ac (43,212 SF)
Zoning code M2
APN 15-01-126-018
UPID US25-0043591
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
  • Kitchens Plus Hardware & Home Improvement Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$612k
Blend (final) Blend
$610k
Owner & transaction history
Kitchens Plus INC · 8 yrs held
Kitchens Plus INC
since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A
Zoning & alternative use
M2 · Burlington, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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