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    500 Lang Creek Ave Grinnell, IA 50112

    For Sale
    $802,593

    Lots & Land, Land - Grinnell, IA

    Lot size:
    3.35 Acres
    Days on Market:
    346
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 500 Lang Creek Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1803591900
    Lot size
    3.35 Acres

    Building Details

    Architectural style
    Other

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

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

    Listing date Dec 25, 2024

    MLS# 5660338 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

    Grinnell Development Land For Sale

    This 3.35-acre commercial land is situated within walking distance of two large service stations and two hotels. The lot benefits from high traffic volume and visibility from Interstate 80. Located off the Grinnell exit on State Highway 146/West Street S, north of Interstate 80, the property offers a desirable business location. It is zoned C1 and features 323 feet of frontage, making it suitable for development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grinnell
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.7253224526
    Latitude
    41.6985576631

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land with high visibility and traffic volume.
    Where is this commercial land located?
    The property is located at 500 Lang Creek Ave Grinnell, IA.
    What is the asking price?
    The asking price for this property is $802,593.
    What are key features of this property?
    This property features: - High traffic volume location visible from Interstate 80; - Prime development land ready for construction; - Conveniently located off the Grinnell exit on State Highway 146/West Street S, North of Interstate 80
    (641) 236-6683
    Request Owner's contact information
    500 Lang Creek Ave Grinnell, IA 50112
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    Grinnell, IA 50112
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    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
    500 Lang Creek Ave Grinnell, IA 50112
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