This exceptional 1.13-acre retail land parcel in Grimes, Iowa, presents a compelling investment opportunity. Located at 1221 NE Gateway Dr, this 49,223 square foot lot is zoned C-2, offering significant development potential. The property benefits from its strategic location near Highway 141, which boasts a 2020 daily vehicle count of 26,426, ensuring high visibility and accessibility. Its proximity to the 50-acre Grimesplex sports complex, projected to draw over 1,000,000 visitors annually, further enhances its appeal. The area is experiencing robust commercial and residential growth, supported by readily available on-site utilities. This thriving location is also surrounded by established businesses including Casey's, Kwik Star, Raccoon Valley Bank, Kindercare, Earl May, Hy-Vee, Arby's, Culver's, Menards, and Walmart, providing a strong retail environment. The high median household income within a 5-mile radius ($106,446-$112,641) underscores the area's strong consumer base. With a total population exceeding 59,998 within a 5-mile radius (2017 data), this property offers unparalleled potential for significant returns. The asking price is $886,010. This is a rare opportunity to acquire a prime retail land parcel in a rapidly expanding market.
Highlights
Heritage Park Lot 5 offers 1.13 acres.
The property is zoned C-2.
Highway 141 has a 2020 VPD of 26,426.
Located in a rapidly growing commercial and residential area.
On-site utilities are available.
East of the 50-acre Grimesplex sports complex, projected to draw over 1,000,000 annual visitors.
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Contacts
Andrew McCune
Jeffrey Stanbrough
Tim Mills
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1221 Gateway Dr, Grimes, Iowa, 50111
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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1221 Gateway Dr
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