Grimes, IA Residential
For Sale
$325,000
550 SE Gateway Drive, Grimes, IA 50111
Land, Grimes, IA
Property SizeContact for details
Lot Size1.50 Acres
Days on Market140
Property Features for 550 SE Gateway Drive
General Information
Property type
Land
Property subtype
Other
Zoning
C-2
Directions
From E 1st St turn south on SE Gateway Dr. Land will be just south of Dollar Tree.
Subdivision
Grimes
Standard status
Active
APN
31100305550118
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
-EX W 107F- LOT 7 GRIMES CROSSING PLAT 3
Tax Annual Amount
60
Legal Description
-EX W 107F- LOT 7 GRIMES CROSSING PLAT 3
Listing Agency:
Agency Iowa
(515) 877-4692
Listed By:
Beth Cochran
(515) 979-3750
Added: Apr 29
Changed: Sep 4
Last Checked: Sep 15 at 8:06PM
MLS# 739559
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 1.499-acre land parcel, located in Grimes, Iowa, is zoned R-3 medium, allowing for medium-density residential development up to 8 units per acre. The future city plan includes provisions for townhomes or condos. The property is located in Polk County.
Key Highlights
- Zoned R‑3 Medium Density Residential: Develop up to 8 units per acre.
- Future City Plan: Townhomes or condos are planned for this location.
- Development Potential: Ideal for medium‑density residential projects.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land suitable for medium-density development in Grimes, Iowa.
Where is this residential land & home lot located?
The property is located at 550 SE Gateway Drive Grimes, IA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Zoned R‑3 Medium Density Residential: **Develop up to 8 units per acre.**; Future City Plan: Townhomes or condos are planned for this location.; Development Potential: Ideal for medium‑density residential projects.
