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Grimes Industrial Land For Sale
For Sale
$1,672,710

3605 Southeast Gateway Drive, Grimes, IA 50111

2.56 AC lot near Highway 141 corridor in Grimes.

Property Size2 SF
Lot Size2.56 Acres
Price / SF$836,355
Days on Market152

Property Features for 3605 Southeast Gateway Drive

General Information

Standard status Active
Size 2 SF
Lot size 2.56 Acres
Property subtype Land
Listing Agency: CBRE - Des Moines
Listed By: Michael Smith · License #S33231000
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 22 at 8:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Des Moines

Investment Insights

Based on property information with market context.

Located at the northeast corner of Gateway Drive and Southeast 37th Street in Grimes, the property at 3605 Southeast Gateway Drive is a 2.56-acre lot situated immediately adjacent to the Hy-Vee Fast & Fresh, just west of the heavily traveled Highway 141 corridor. The site is development-ready, featuring on-site stormwater detention and all utilities. Access is available on 37th Street and Southeast 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 show 3,000 vehicles per day on 37th Street Southeast and 15,900 vehicles per day on Highway 141.

Key Highlights

  • Development ready with on‑site stormwater detention and all utilities.
  • Located adjacent to Hy‑Vee Fast & Fresh near Highway 141.
  • High traffic volume on Hwy 141: 15,900 VPD.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Furniture & Home Goods (Bike/Boat/Book/etc) Store Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 50111, IA

16,025
Population
6,345
Households
2.5
Avg Household Size
33
Median Age
48%
College-Educated
99%
High-School Grad
25.1 sq mi
ZIP Area
638
Density / Sq Mi
$108,352
Median Household Income
$59,868
Median Earnings
$1,156
Median Rent
$285,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 2.56 AC lot near Highway 141 corridor in Grimes.
Where is this industrial land located?
The property is located at 3605 Southeast Gateway Drive 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 on‑site stormwater detention and all utilities.; Located adjacent to Hy‑Vee Fast & Fresh near Highway 141.; High traffic volume on Hwy 141: 15,900 VPD.
More about this property
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