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    2400 Enterprise Dr Grimes, IA 50111

    For Lease
    $8 SF/Yr

    80,800 SF Warehouse, 17,500 SF Vacant

    Lot size:
    80,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional industrial warehouse property, located at 2400 SE Enterprise Dr in Grimes, Iowa, offers a significant opportunity for businesses seeking flexible space. The building boasts a total of 80,800 square feet, with 17,500 square feet currently available for lease. The warehouse features a substantial 30-foot ceiling height, providing ample vertical storage capacity. Three dock-high doors ensure efficient loading and unloading operations. The property is conveniently situated in Polk County, Iowa, with a 50111 zip code. While the property currently has only one parking space listed, further parking options may be available and should be discussed. The building is served by reliable 3-phase power, essential for many industrial applications. The property is classified as multi-tenant, offering potential for collaboration or expansion within the building. This warehouse is ideal for a variety of industrial uses, providing a strategic location and functional layout for businesses seeking to establish or expand their operations in the Grimes area. Interested parties should inquire about lease terms and conditions. The property is ready for immediate occupancy.

    Property Features for 2400 Enterprise Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,800 SF
    Total Rate
    57233.33

    Unit(s) available at that property

    Space
    Available Space
    Size
    17,500 SF
    Rate per SF
    $8

    HighLights

    • $8.50/SF NNN lease rate.
    • Lease expiration: 7/31/2027.
    • Estimated operating expenses available upon request.
    • 30' clear height.
    • Three dock‑high doors and one drive‑in door.
    • 3‑phase power.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store 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
    -93.783655
    Latitude
    41.668722

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    FAQs

    What type of property is this?
    Distribution property - 80,800 SF Warehouse, 17,500 SF Vacant
    Where is this distribution property located?
    The property is located at 2400 Enterprise Dr Grimes, IA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: $8.50/SF NNN lease rate.; Lease expiration: 7/31/2027.; Estimated operating expenses available upon request.
    Request Owner's contact information
    2400 Enterprise 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
    2400 Enterprise Dr Grimes, IA 50111
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