425 Leebrick St, Burlington, IA 52601-2973
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Burlington, IABurlington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.