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    1St St Grimes, IA 50111

    Sponsored
    For Sale
    Contact for pricing

    80 Acres Iowa Commercial Land for Sale

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 80.85-acre commercial land parcel, located in Grimes, Iowa, presents a unique investment opportunity. Situated at the intersection of Highway 141 and East 1st Street in Polk County, this property is zoned for commercial use, offering significant development potential. The site is divisible, with individual lots ranging from approximately 1 to 31.15 acres currently available. Several lot sizes and configurations are available to suit various development needs. Potential uses include, but are not limited to, restaurants, general retail, town center development, hospitality, office space, and medical facilities. Specific lot sizes and their designated uses include parcels ranging from 1.00 to 11.12 acres suitable for restaurants and general retail

    Property Features for 0 1St St

    General Information

    Property type
    Land
    Lot Size
    3,521,826 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.7937247
    Latitude
    41.6887596

    Nearby Comparable

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      Office and Warehouse Space Available

      Office and warehouse space with high ceilings and easy highway access.
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    Nearby Similar for Sale

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      Grimes Commercial Lots - Highway 141

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      Hope Plaza II: Grimes Retail Center

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      Grimes Retail Center - Prime Location

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      1101 1St St, Grimes, IA 50111
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    FAQs

    What type of property is this?
    Land - 80 Acres Iowa Commercial Land for Sale
    Where is this land located?
    The property is located at 1St St Grimes, IA.
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    1St St 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
    1St St Grimes, IA 50111
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