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    3901 Park St Grimes, IA 50111

    For Lease
    Contact for pricing

    Modern Flex/Warehouse Space Available

    Lot size:
    270,192 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A industrial property, the Rider Logistics Center, offers 179,732 square feet of immediately available flex and warehouse space in the thriving Grimes, Iowa market. Built in 2023, this 270,192-square-foot facility boasts a 32-foot ceiling height, providing ample vertical storage capacity. The property features 26 dock-high doors and 2 drive-in doors for efficient loading and unloading, complemented by 176 total parking spaces. Situated on a generous 78.137-acre lot, the building is zoned M1-A, allowing for a variety of industrial uses. Its strategic location north of Interstates 80 and 35 offers unparalleled access to major transportation arteries, connecting businesses to the entire Midwest. The surrounding area is experiencing significant growth, with numerous national and regional companies establishing a presence, making this a prime location for businesses seeking expansion or relocation. This multi-tenant building presents a unique opportunity to establish operations in one of Iowa's fastest-growing cities, benefiting from a robust and expanding industrial submarket. The property's modern design and ample space make it ideal for a variety of industrial and logistics operations.

    Property Features for 3901 Park St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    270,192 SF
    Class
    A

    Building Details

    Year Built
    2023

    Unit(s) available at that property

    Space
    Building A
    Size
    179,732 SF

    HighLights

    • 179,732 SF Available for Lease
    • Contact Broker for Pricing
    • Operating Expenses Available Upon Request
    • 2023 Construction
    • M‑1 Light Industrial Zoning
    • 32' Clear Height
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop 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
    -93.7865278
    Latitude
    41.6805605

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    FAQs

    What type of property is this?
    Distribution property - Modern Flex/Warehouse Space Available
    Where is this distribution property located?
    The property is located at 3901 Park St Grimes, IA.
    What are key features of this property?
    This property features: 179,732 SF Available for Lease; Contact Broker for Pricing; Operating Expenses Available Upon Request
    Request Owner's contact information
    3901 Park St 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
    3901 Park St Grimes, IA 50111
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