Property profile

616-618 Main St 618 Burlington, IA 52601

OFF-MARKET
Investment properties
Property ID
US25-0180818
1,920 SF 0.09 ac lot Built 1890
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Total area 1,920 SF
Lot 0.09 ac (4,138 SF)
Zoning code C3
APN 11-33-357-001
UPID US25-0180818

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

616-618 Main St, Unit 618 Burlington, IA 52601-5012
Burlington metro Census 200 BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2024
Last sale
$182,500
2 recorded transactions
2024
$182,500
2011
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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