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    518 Industrial Ave Grinnell, IA 50112

    New
    For Sale
    $250,000

    LAND - Grinnell, IA

    Lot size:
    2.03 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 518 Industrial Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    APN
    1803676900
    Lot size
    2.03 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Ramsey-Weeks Inc. (641) 236-3141 [email protected]

    Listing agent Kevin Kolbe (641) 236-3141

    Listing date Dec 11, 2025

    MLS# 717016 Listing URL

    Copyright © 2025 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

    Prime Development Land in Grinnell

    This commercial land offers a development opportunity on over 2 acres. The property is located approximately half a mile from the I-80 interchange (Exit 182) and Highway 146, which leads into Grinnell, Iowa. Situated next to a newly constructed residential apartment complex (Reserves at South Lake) and directly across from a shopping strip, the parcel benefits from visibility to Walmart. The property is zoned C. Grinnell is located between Des Moines and the Iowa City/Cedar Rapids area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy 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
    -92.729702
    Latitude
    41.720767

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    FAQs

    What type of property is this?
    Commercial land - 2+ acre commercial land near I-80 and Highway 146.
    Where is this commercial land located?
    The property is located at 518 Industrial Ave Grinnell, IA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime development opportunity on over 2 acres.; - Excellent location: half a mile from I-80 (Exit 182) and Highway 146.; - High visibility location directly across from Walmart.
    (641) 236-3141
    Request Owner's contact information
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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
    518 Industrial Ave Grinnell, IA 50112
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