Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2048 West St S Grinnell, IA 50112

    For Sale
    $1,196,563

    Commercial Sale - Grinnell, IA

    Lot size:
    5.93 Acres
    Days on Market:
    274
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 2048 West St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1800429900
    Parking features
    Carport, Covered
    Lot size
    5.93 Acres

    Utilities

    Heating system
    Radiant

    Building Details

    Year built
    1970
    Architectural style
    Other

    RE/MAX Partners Realty, Marshalltown (641) 519-0200

    Listing agent Matthew Karjalahti (641) 236-6683 License #***

    Listing date Mar 7, 2025

    MLS# 6325465 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Land on Highway

    This commercial property features a 1970 "Batwing" service station with 1,800 square feet of space, situated on 1.8 acres along State Highway 146. Additionally, the offering includes a neighboring parcel of 4.13 acres, also located on Highway 146. Combined, the property encompasses 5.93 acres of land, positioned within a prime development corridor near Interstate 80. The surrounding area includes filling stations, commercial and industrial properties, and hospitality businesses. The property is located in Grinnell, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Kitchen & Bath Garden Center Discount Store Electrical Service Car Rental Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grinnell
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.726504
    Latitude
    41.703

    Nearby Similar for Sale

    • $840,000
      60,414 SF

      Commercial Hydroponic Greenhouse Property

      Commercial hydroponic greenhouse on 7.5 acres near Highway 146.
      4349 32Nd St, Grinnell, IA 50112
      View Details
    • $354,900
      0.29 Acres

      Renovated Multi-Unit Rental Property

      Updated five-unit apartment building near Grinnell College and downtown.
      920 High St, Grinnell, IA 50112
      View Details
    • $290,000
      3,200 SF

      Grinnell Duplex Near College

      Investment opportunity: side-by-side duplex near Grinnell College.
      931 High St, Grinnell, IA 50112
      View Details
    • $775,000
      0.36 Acres

      Mixed-Use Investment in Downtown Grinnell

      Mixed-use property with residential and commercial units in Grinnell, IA.
      914 Main St, Grinnell, IA 50112
      View Details
    • $875,000
      10,038 SF

      Grinnell Multifamily Investment Opportunity

      Well-maintained 14-unit apartment building with garages and tenant-paid utilities.
      1629 Sunset St, Grinnell, IA 50112
      View Details
    • $1,400,000
      18,000 SF

      Self-Storage Facility with Expansion Land

      Self-storage facility with expansion potential in Grinnell, Iowa.
      623 Penrose St, Grinnell, IA 50112
      View Details

    FAQs

    What type of property is this?
    Gas station - 5.93 acres on I-80 development corridor in Grinnell, Iowa.
    Where is this gas station located?
    The property is located at 2048 West St S Grinnell, IA.
    What is the asking price?
    The asking price for this property is $1,196,563.
    What are key features of this property?
    This property features: - 5.93 acres of prime I-80 development corridor land.; - Located on State HWY 146.; - High-visibility location between filling stations, commercial/industrial property, and hospitality businesses.
    (641) 236-6683
    Request Owner's contact information
    2048 West St S Grinnell, IA 50112
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2048 West St S
    Grinnell, IA 50112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2048 West St S Grinnell, IA 50112
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.