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    265 Brookside Dr Grimes, IA 50111

    For Sale
    $750,946

    Prime Grimes commercial lot, C-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Grimes, Iowa. Located at 265 SW Brookside Drive, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial development possibilities. The expansive lot size offers ample space for various projects, from retail establishments and restaurants to office buildings and other commercial ventures. Priced at $750,946, or $7 per square foot, this represents a compelling value in a rapidly growing area. Its strategic location just south of Highway 44 ensures excellent visibility and accessibility, placing it within easy reach of a substantial customer base. The surrounding area is well-established, featuring a convenient mix of local restaurants, retail shops, and grocery stores, creating a vibrant and supportive commercial environment. This property's prime location and versatile zoning make it an ideal choice for discerning investors seeking a high-potential commercial development site in a thriving Iowa community. The property is situated in Polk County, Iowa, with a zip code of 50111. The coordinates are 41.6870745 latitude and -93.8050685 longitude.

    Property Features for 265 Brookside Dr

    General Information

    Property type
    Land
    Lot Size
    104,544 SF

    HighLights

    • 2.4‑acre commercial lot in Grimes, IA.
    • $750,946 sale price; $7.00 per square foot.
    • C‑2 zoning.
    • Excellent visibility and accessibility, south of Highway 44.
    • Established Grimes location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.8050685
    Latitude
    41.6870745

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    FAQs

    What type of property is this?
    Land - Prime Grimes commercial lot, C-2 zoning.
    Where is this land located?
    The property is located at 265 Brookside Dr Grimes, IA.
    What is the asking price?
    The asking price for this property is $750,946.
    What are key features of this property?
    This property features: 2.4-acre commercial lot in Grimes, IA.; $750,946 sale price; $7.00 per square foot.; C-2 zoning.
    (515) 453-5429
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    265 Brookside Dr Grimes, IA 50111
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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
    265 Brookside Dr Grimes, IA 50111
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