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    1700 Beaverbrook Blvd Grimes, IA 50111

    For Sale
    $2,484,440

    Five lots, high visibility, Hope Development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial land offering presents a rare opportunity to establish a business within the burgeoning Hope Commercial Development in Grimes, Iowa. Located at the east entrance on Beaverbrook Boulevard, these five contiguous lots (Lot 3 as shown on aerial) boast unparalleled visibility from Highway 141, ensuring high traffic exposure for any commercial venture. The lots are situated on the main thoroughfare that runs through the entire 211-acre Hope Development, a $250 million project that includes a significant residential component and a 50-acre turf sports facility. This strategic location benefits from the established presence of a large Hy-Vee grocery store (over 100,000 square feet), providing a strong anchor tenant and significant foot traffic. The 2.85-acre combined lot size offers ample space for development, allowing for flexibility in design and construction to suit a variety of commercial uses. This is an exceptional investment opportunity in a rapidly growing area with strong potential for future appreciation. The property's prime location and proximity to key amenities make it an ideal choice for businesses seeking high visibility and access to a thriving community. Serious inquiries are encouraged. The asking price for all five lots is $2,484,440.

    Property Features for 1700 Beaverbrook Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    124,146 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.77585
    Latitude
    41.69866

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    FAQs

    What type of property is this?
    Commercial real estate - Five lots, high visibility, Hope Development.
    Where is this commercial real estate located?
    The property is located at 1700 Beaverbrook Blvd Grimes, IA.
    What is the asking price?
    The asking price for this property is $2,484,440.
    (515) 334-3345
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    1700 Beaverbrook Blvd Grimes, IA 50111
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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
    1700 Beaverbrook Blvd Grimes, IA 50111
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