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    Grinnell Hy-Vee Grinnell, IA 50112

    For Sale
    $433,500

    Prime 3.32-acre commercial lot near Hy-Vee.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.32-acre commercial land parcel presents a remarkable investment opportunity in Grinnell, Iowa. Strategically located between Hy-Vee and Thiesen’s Home-Farm-Auto, this property benefits from high visibility and significant foot traffic generated by these established businesses. The asking price is $433,500, translating to a land value of $3 per square foot. The property is zoned C-1 General Commercial, allowing for a wide range of development possibilities. All utilities are readily available, simplifying the development process. The lot's size offers flexibility, with the potential for subdivision to accommodate multiple projects or tailored development plans. This prime location in Poweshiek County, Iowa, with a Grinnell, IA 50112 zip code, offers unparalleled access to a thriving community and strong retail presence. The property's proximity to major retailers ensures high visibility and accessibility for any future development, making it an ideal investment for both short-term and long-term growth. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

    Property Features for 0 Grinnell Hy-Vee

    General Information

    Property type
    Land
    Lot Size
    144,619 SF

    HighLights

    • 3.32‑acre commercial land parcel in Grinnell, IA.
    • $433,500 asking price ($3.00 per square foot).
    • High‑traffic location between Hy‑Vee and Thiesen's Home‑Farm‑Auto.
    • All utilities available.
    • Subdividable lot.
    • C‑1 General Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grinnell
    County
    Poweshiek
    State
    Iowa
    Longitude
    -92.7261202
    Latitude
    41.7283025

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    FAQs

    What type of property is this?
    Land - Prime 3.32-acre commercial lot near Hy-Vee.
    Where is this land located?
    The property is located at Grinnell Hy-Vee Grinnell, IA.
    What is the asking price?
    The asking price for this property is $433,500.
    What are key features of this property?
    This property features: 3.32-acre commercial land parcel in Grinnell, IA.; $433,500 asking price ($3.00 per square foot).; High-traffic location between Hy-Vee and Thiesen's Home-Farm-Auto.
    Request Owner's contact information
    Grinnell Hy-Vee Grinnell, IA 50112
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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
    Grinnell Hy-Vee Grinnell, IA 50112
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