Residential Land in Grinnell,
For Sale
$40,000
729 Center Street, Grinnell, IA 50112
Land, Grinnell, IA
Property SizeContact for details
Lot Size0.37 Acres
Days on Market111
Property Features for 729 Center Street
General Information
Property type
Land
Property subtype
Other
Directions
use gps
Standard status
Active
APN
0594500
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
WEST GRINNELL S OF RY LOTS 1 2 3 & 4 BLOCK 25
Tax Annual Amount
312
Legal Description
WEST GRINNELL S OF RY LOTS 1 2 3 & 4 BLOCK 25
Building Details
Architectural style
Other
Listing Agency:
RE/MAX Partners Realty, Grinnell
(641) 236-6683
Listed By:
Matthew Karjalahti · License #B60759000
(641) 260-0672
Added: May 12
Changed: Aug 27
Last Checked: Aug 30 at 8:06AM
MLS# 6338182
Copyright © 2026 NoCoast MLS. 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 residential building site is located at 729 Center Street in Grinnell, Iowa. The parcel spans 0.37 acres, encompassing over 15,900 square feet. It comprises lots one through four of block twenty-five in the West Grinnell area, offering 130 feet of front footage. The location is eligible for the City of Grinnell Urban Revitalization Tax Abatement program, providing financial incentives including a five-year 100% tax exemption on the first $75,000 of actual value added for standard residential builds. For those developing three or more dwelling units, the city offers a ten-year 100% tax exemption on the value added. Situated within the Grinnell Newburg School District and a short distance from downtown shops and the Grinnell College campus, this level and regular lot is ready for immediate development. This property provides the space and tax incentives to realize a vision for a private residence or a high-yield investment opportunity.
Key Highlights
- Eligible for City of Grinnell Urban Revitalization Tax Abatement program (5‑10 year, 100% exemption on added value).
- Large 0.37 acre (15,900 sq ft) parcel in prime location at 729 Center Street, Grinnell, Iowa.
- Located in the heart of Grinnell, close to downtown shops and Grinnell College.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 50112, IA
11,849
Population
5,018
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
96%
High-School Grad
182.2 sq mi
ZIP Area
65
Density / Sq Mi
$64,707
Median Household Income
$34,301
Median Earnings
$863
Median Rent
$198,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 0.37-acre residential building site eligible for tax abatement.
Where is this land located?
The property is located at 729 Center Street Grinnell, IA.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Eligible for City of Grinnell Urban Revitalization Tax Abatement program (5‑10 year, 100% exemption on added value).; Large 0.37 acre (15,900 sq ft) parcel in prime location at 729 Center Street, Grinnell, Iowa.; Located in the heart of Grinnell, close to downtown shops and Grinnell College.
