Individually Owned
No photos on file
For Sale
Contact for pricing
3620 Flint Ridge Dr, Burlington, IA 52601
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Property summary
AI-generated overview
A 4,000 sq ft commercial building located in the Flint Ridge Business Park, approximately 5 miles from Highways 34 and 61. The interior has an open floor plan with a large main area plus an office area, two bathrooms, and a layout designed for flexibility across a range of business uses. An attached 1-car garage provides enclosed space that can be used for storage and related operations. The property sits on a 1.72+/- acre lot with parking and space that may support expansion, including the potential for adding another building, enlarging the existing footprint, or creating additional outdoor storage or work areas.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
FRAME
Total area
4,000 SF
Lot
1.72 ac (74,923 SF)
Zoning code
M2
APN
15-01-126-013
UPID
US25-0008968
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
-
(Bike/Boat/Book/etc) Store Pet Store & Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$385k
Owner & transaction history
since 2024
Last sale
$385,000
2 recorded transactions
Zoning & alternative use
M2 · Burlington, IA
Zoning description
The intent of this district is to allow development of large scale industrial uses, these district regulations are designed to permit industrial uses that are essential to the City, but may be known as having a nuisance…
General category
INDUSTRIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$385k
Value range
$347k – $424k
±10% around blend
Estimated value / SF
$96 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$347k
blend $385k
$424k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,000 SF
Lot area
1.72 ac
Year built
2005
Stories
1
APN
15-01-126-013
Zoning
M2
Assessed value
$407,100
Annual tax
$7,920
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$385k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$30
+224%
Submarket 20 sales
$30
+224%
County 29 sales
$39
+146%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $96/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$385k
Move the market yield to see immediate price impact.
Value / SF
$96
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$24k
$485k
$346k
$270k
$27k
$539k
$385k
$299k
$30k
$593k
$423k
$329k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$7,920
Tax year 2021
Assessed value
$407,100
Assessed 2023
Previous assessed
$407,100
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$60,800
Assessed improvement
$346,300
Land market value
$60,800
Improvement market value
$346,300
Total market value
$407,100
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2005
Construction
FRAME
Heating
NONE
Stories
1
Total area
4,000 SF
Lot
1.72 ac (74,923 SF)
Zoning code
M2
APN
15-01-126-013
UPID
US25-0008968
Jurisdiction
DES MOINES
Zoning & alternative use
M2 · Burlington, IAZoning M2 · permitted uses
M2 · Burlington, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The intent of this district is to allow development of large scale industrial uses, these district regulations are designed to permit industrial uses that are essential to the City, but may be known as having a nuisance…
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
NONE
Stories
1
Lot
1.72 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
M2
INDUSTRIAL
Jurisdiction
Burlington, IA
Recorded code
M2
Official district
M2
Official district profile
What the municipal code says about M2
Zoning description
The intent of this district is to allow development of large scale industrial uses, these district regulations are designed to permit industrial uses that are essential to the City, but may be known as having a nuisance…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M2 in Burlington, IA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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