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Property profile

515 3rd St Burlington, IA 52601

OFF-MARKET
Medical Office Space
Property ID
US25-0327756
View Sample
5,327 SF 0.16 ac lot Built 1920
Entity Owned 4-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1920
Total area 5,327 SF
Lot 0.16 ac (7,144 SF)
Zoning code C3
APN 11-33-358-003
UPID US25-0327756

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
  • Specialty Food Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2021
2 recorded transactions
2025
Price N/A
2021
Price N/A

Zoning & alternative use

C3 · Burlington, IA
Zoning description

The Central Business District, Downtown Mixed Use, is intended to provide appropriate development regulations for Downtown Burlington, the grouping of uses is designed to strengthen the downtown role as a center for trad…

General category MIXED_USE

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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