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    10501 37Th St Grimes, IA 50111

    For Sale
    $914,760

    Prime Grimes commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 3-acre commercial land parcel is situated in Southeast Grimes, Iowa, at 10501 SE 37th St, zip code 50111, within Polk County. Zoned C-2, this property offers significant development potential. The site boasts convenient access, strategically located between the new 100th Street I-80 exit and the new Hwy 141 flyover ramp, ensuring high visibility and easy accessibility. All utilities are readily available on-site, with existing infrastructure including completed storm water detention and Stonegate Drive already in place, minimizing upfront development costs. The property is divisible into smaller lots, with options ranging from 0.35 acres to over 3 acres, catering to diverse development needs. The surrounding area showcases a balanced mix of commercial, office, and residential properties, creating a thriving and attractive environment for businesses. The asking price for the entire 3-acre parcel is $914,760. This presents a unique opportunity to acquire a well-positioned commercial property in a rapidly growing area of Grimes, Iowa. The property's strategic location and existing infrastructure make it an attractive investment for developers seeking to capitalize on the area's continued expansion.

    Property Features for 10501 37Th St

    General Information

    Property type
    Land
    Lot Size
    130,680 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.762235313821
    Latitude
    41.658485422439

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    FAQs

    What type of property is this?
    Land - Prime Grimes commercial land, ideal for development.
    Where is this land located?
    The property is located at 10501 37Th St Grimes, IA.
    What is the asking price?
    The asking price for this property is $914,760.
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    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
    10501 37Th St Grimes, IA 50111
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