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    505 Lang Creek Ave Grinnell, IA 50112

    For Sale
    $2,992,572

    Lots & Land, Land - Grinnell, IA

    Lot size:
    18.82 Acres
    Days on Market:
    349
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for 505 Lang Creek Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1803533000
    Lot size
    18.82 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# 5660496 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 Commercial Land For Sale

    This commercial land, zoned commercial, is situated within walking distance of two large service stations and two hotels. The lot experiences a high traffic volume and is visible from Interstate 80. Conveniently located off the Grinnell exit on State Highway 146/West Street S, north of Interstate 80, the lot offers a desirable business location. This sale includes +/- 11.45 acres of Parcel 3533000 per survey at closing. The total lot size is 18.82 acres and is located in Grinnell, Iowa.
    Property Profile Insight Report 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
    -92.7299400963
    Latitude
    41.699597788

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    FAQs

    What type of property is this?
    Commercial land - Prime Interstate development land with high traffic volume and visibility.
    Where is this commercial land located?
    The property is located at 505 Lang Creek Ave Grinnell, IA.
    What is the asking price?
    The asking price for this property is $2,992,572.
    What are key features of this property?
    This property features: - Prime commercial development land with high visibility from Interstate 80.; - Zoned Commercial, ready for development.; - Located off the Grinnell exit on State Highway 146/West Street S, North of Interstate 80.
    (641) 236-6683
    Request Owner's contact information
    505 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
    505 Lang Creek Ave Grinnell, IA 50112
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