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    Property profile & analytics
    OFF-MARKET
    Retail space

    425 Leebrick St, Burlington, IA 52601-2973

    1,034 SF 0.03 ac lot Built 1880
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US25-0448049
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 425 S Leebrick Street in Burlington, Iowa, presents a unique opportunity for entrepreneurs and businesses seeking a versatile space. Situated on a 0.03-acre lot, the building offers significant potential for customization and personalization to suit a wide range of commercial uses. The asking price is $29,900, making it an attractive investment for those seeking a cost-effective entry into the Burlington market. The property's size is not specified, allowing for flexibility in planning and design. Its central location within Burlington offers excellent visibility and accessibility, providing a strong foundation for business growth. The adaptable nature of the building allows for a variety of potential uses, from retail spaces to offices, or even light industrial applications. This presents a rare chance to acquire a property with significant upside potential in a thriving Iowa community. The absence of specific square footage details allows for creative design and layout to perfectly match the needs of the future occupant. This is an ideal opportunity for a business owner looking to establish a presence in a desirable location at a competitive price point. Serious inquiries are encouraged to explore the possibilities this property offers. The property's blank canvas nature allows for complete customization, making it a truly unique investment opportunity.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1880
    Total area 1,034 SF
    Lot 0.03 ac (1,089 SF)
    Zoning code R4
    APN 16-05-156-019
    UPID US25-0448049
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Leo Burlington LLC · 3 yrs held
    Leo Burlington LLC
    since 2023
    2 recorded transactions
    2023
    $43,000
    2016
    $19,875
    Zoning & alternative use
    R4 · Burlington, IA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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