Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2207 Court Street Granger, IA 50109

    View on Map
    For Sale
    $200,000

    LAND - Granger, IA

    Property size:
    11,000 SF
    Lot size:
    0.66 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    64
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for 2207 Court Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Com
    Standard status
    Active
    APN
    0812208012
    Size
    11,000 SF
    Lot size
    0.66 Acres

    Taxes and HOA fees

    TaxDescription
    PARCEL S OF COURT ST & W OF RR NW NE
    TaxAnnualAmount
    736

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Timothy Schutte
    Timothy Schutte

    Listing agent Timothy Schutte

    Listing office EXIT Realty & Associates 7009 Hickman Rd, Urbandale, IA

    Listing date Jan 27, 2026

    MLS# 733419

    Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Granger, Iowa Industrial Land

    This industrial land in Granger, Iowa, is available for building a new shop or investment property. The land has been platted, engineered, and approved for an approximately 11,000 sqft building. Utilities are available at the street, and three-phase power is accessible. The lot size is 0.6584 acres. Build-to-suit options are available. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center Auto Parts Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Granger
    County
    Dallas
    State
    Iowa
    Longitude
    -93.820504
    Latitude
    41.757879

    Nearby Similar for Sale

    • $985,000

      Development Tract in Granger, Iowa

      5.3 acre development tract in growing northwest Des Moines metro.
      2220 Kennedy Boulevard, Granger, IA 50109
      View Details
    • $395,000

      Granger, IA: 7+ Acre Lot

      Stunning 7+ acre lot to build your dream home.
      11094 NW Rowe Drive, Granger, IA 50109
      View Details
    • $99,000

      Granger, Iowa Land Parcel

      Last remaining 0.332 acre lot in Twin Eagles Point!
      1502 Hackenberry Place, Granger, IA 50109
      View Details
    • $985,000

      Granger Development Site on Highway

      5.30 acre development tract in growing Des Moines metro.
      2220 Kennedy St, Granger, IA 50109
      View Details
    • $160,000

      2.09 Acres Industrial Land

      2.09 acres of industrial land in Granger, Iowa.
      17579 V Ave, Granger, IA
      View Details
    • $1,295,000
      22,425 SF

      22,425 SF Warehouse For Sale

      22,425 SF warehouse with outdoor storage and 15 drive-in doors.
      18983 Wendover Ave, Granger, IA 50109
      View Details
    • Contact for pricing

      Commercial Land in Emerging Metro

      Land available in an emerging metro location with development opportunities.
      Burr Oak Blvd, Granger, IA
      View Details
    • Contact for pricing

      Commercial Land for Sale

      Land available in emerging metro location with development opportunities.
      Broadway St, Granger, IA
      View Details
    • Contact for pricing

      Commercial Land in Emerging Metro

      Land lots available in professional upscale commercial development.
      Oak Creek Pkwy & Hwy 17, Granger, IA
      View Details
    • Contact for pricing

      Commercial Lots in Emerging Location

      Lots available in an emerging metro location near Des Moines.
      Burr Oak Blvd, Granger, IA 50109
      View Details

    FAQs

    What type of property is this?
    Industrial land - Industrial land available for new construction in Granger, Iowa.
    Where is this industrial land located?
    The property is located at 2207 Court Street Granger, IA.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Approved for approx **11,000 sqft building**.; Platted and engineered industrial land.; Three‑phase power available.
    (515) 681-5677
    We can help!
    Listing Contact
    Timothy Schutte
    Timothy Schutte
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!