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    3505 Grimes Blvd Grimes, IA 50111

    For Sale
    $718,740

    High-visibility Iowa commercial land.

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.1-acre commercial development site, located at 3505 SE Grimes Boulevard in Grimes, Iowa (zip code 50111), presents a unique investment opportunity. Boasting 10,000 square feet and zoned M-1A, this property offers significant potential for various commercial uses, including retail, industrial, and mixed-use developments. The site benefits from a highly visible location at the lighted intersection of Highway 141 and SE 37th Street, an area with exceptionally high traffic volume (39,000 vehicles per day in 2016). Its strategic position, the first intersection after the $60,000,000 Urban Loop Flyover, ensures maximum exposure and accessibility. The property features 175 feet of frontage on Highway 141, providing ample space for building and monument signage. Tenant improvements are available. The surrounding area demonstrates strong population density: 2,550 within 1 mile, 41,416 within 3 miles, and 119,719 within 5 miles (2017 data). This prime location in Polk County, Iowa, offers unparalleled visibility and access, making it an ideal investment for discerning buyers. The asking price is $718,740.

    Property Features for 3505 Grimes Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    10,000 SF
    Lot Size
    47,916 SF

    HighLights

    • 1.10‑acre lot size.
    • 10,000 square foot building.
    • Tenant improvements available.
    • High‑traffic location at the lighted intersection of Highway 141 and SE 37th Street (39,000 vehicles per day in 2016).
    • Prime location: first intersection after the $60,000,000 Urban Loop Flyover.
    • 175 feet of Highway 141 frontage, ideal for building and monument signage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Building Supply Auto Repair Shop Wholesale Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.77401
    Latitude
    41.659661

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    FAQs

    What type of property is this?
    Retail property - High-visibility Iowa commercial land.
    Where is this retail property located?
    The property is located at 3505 Grimes Blvd Grimes, IA.
    What is the asking price?
    The asking price for this property is $718,740.
    What are key features of this property?
    This property features: 1.10-acre lot size.; 10,000 square foot building.; Tenant improvements available.
    Request Owner's contact information
    3505 Grimes Blvd 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
    3505 Grimes Blvd Grimes, IA 50111
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