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    3605 SE Gateway Dr Grimes, IA 50111

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    For Sale
    $1,672,710

    Industrial land with utilities and access on 37th and SE Gateway Drive.

    Lot size:
    2.56 Acres

    Property Features for 3605 SE Gateway Dr

    General Information

    Lot size
    2.56 Acres

    Source: CBRE Agent Michael A Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Ready Industrial Land

    This development-ready industrial land benefits from on-site stormwater detention and all utilities. It features access on both 37th Street and SE Gateway Drive. The property is zoned Light Industrial District (M-2). Surrounding businesses include Hy-Vee Fast & Fresh, Canoyer Garden Center, QuikTrip, and Des Moines Toyota. Traffic counts are approximately 3,000 vehicles per day on 37th Street SE and 15,900 vehicles per day on Hwy 141.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Building Supply Auto Repair Shop Wholesale Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.7767184
    Latitude
    41.6589602

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    FAQs

    What type of property is this?
    Industrial land - Industrial land with utilities and access on 37th and SE Gateway Drive.
    Where is this industrial land located?
    The property is located at 3605 SE Gateway Dr Grimes, IA.
    What is the asking price?
    The asking price for this property is $1,672,710.
    What are key features of this property?
    This property features: - Development ready with all utilities on-site.; - Zoned Light Industrial District (M-2).; - Access on 37th Street and SE Gateway Drive.
    (515) 975-1112
    Request Owner's contact information
    3605 SE Gateway Dr 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
    3605 SE Gateway Dr Grimes, IA 50111
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