Grimes, IA Commercial Real Estate for Sale

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Johnston, IA Urbandale, IA Granger, IA Des Moines, IA Waukee, IA Clive, IA West Des Moines, IA Polk City, IA

33 properties

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Updated: May 18

C-2 Commercial Land

1651 SE 3rd Street, Grimes, IA 50111

$2,073,962

3.70 AC lot

3.698‑acre commercial land parcel
C‑2 zoning
Located at 1651 SE 3rd Street, Grimes, IA 50111
Near a multi‑use sports complex
Parcel can be subdivided

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Updated: Aug 7

Productive Farmland With Pasture

220th St, Grimes, IA 50111

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306.49 AC lot

306.49+/- acres in Dallas County, Iowa
Approximately 81.59+/- tillable acres within Tract 1
Tract 3 includes 38.3+/- acres with an 88.4 CSR2 rating
Clarion, Webster, and Nicollet loam soils
CRP contracts and recreational acreage

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Prime Commercial Development Site

3505 Se Grimes Blvd, Grimes, IA 50111

$716,775

10,000 sqft 1.10 AC lot

1.10 acre commercial site with high visibility in Grimes, Iowa.

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See what stands out in Polk County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Grimes Industrial Land For Sale

3605 Southeast Gateway Drive, Grimes, IA 50111

$1,672,710

2 sqft 2.56 AC lot

2.56 AC lot near Highway 141 corridor in Grimes.

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New Retail Center in Grimes

825 NE Gateway Dr., Grimes, IA 50111

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1,600 sqft 3.12 AC lot

New retail strip center near high-traffic highway and entertainment district.

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Retail Building at District Entrance

1101 E 1st St, Grimes, IA 50111

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20,250 sqft

Built in 2021 and positioned within a retail district featuring multiple established commercial operators.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Commercial Land Near Schools

1400 - 1800 NW 2nd St, Grimes, IA 50111

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4 sqft

Commercial land offering flexible parcel configurations near schools and residential development.

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NNN Industrial Property

512 NE Main Street, Grimes, IA 76936

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71,477 sqft 6.61 AC lot

Heavy Industrial-zoned property with an established Crunchyroll occupancy and access to HWY 141.

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Commercial Land at Key Intersection

$1,013,423

Commercial parcel near an interchange with highway visibility and development potential.

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New Retail Center in Grimes

825 NE Gateway Dr, Grimes, IA 50111

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21,238 sqft

New retail strip center near high-traffic area and entertainment district.

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Christian Brothers Automotive NNN Property

2581 E 1st St, Grimes, IA 50111

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Standalone automotive facility backed by a 15-year absolute NNN lease with annual rent escalations.

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Industrial Warehouse Complex

2020 SE 44th Ct, Grimes, IA 50111

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Three wood-frame warehouse structures on concrete slabs with metal siding and roofing, offering clear heights from 12 to 18 feet.

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City-Limits Farm With Residence

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Commercial lot with visibility from 141 and close proximity to Hy-Vee and the Grimes North and South Sports Complex.

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Commercial Land in Grimes Available

Hwy 141 & Beaverbrook Blvd, Grimes, IA

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2.02 AC lot

Commercial land for sale with highway access in Grimes, Iowa.

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Grimes, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Grimes, IA, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 155,577 square feet of properties for sale, with an estimated market value of $7,550,832.

Sale prices for business properties in Grimes, IA start at $716,775, averaging $1,510,166, and reaching up to $2,073,962 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 16K

Population Growth (5Y) +18.1%

Median Household Income $108,352

College Educated 64.1%

High-Yield Neighborhoods for Investment

Identify Grimes submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
50111	$1.4M

Taxes & Financing

Tax Rate (average for all types) 2.29%

Property Tax per SF $36.10 per SF

Tax Rate vs County Average 0.13 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Grimes fall within the 100,000+ square foot range.

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