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    Sec Of Hwy 141 & Beaverbrook Blvd Grimes, IA 50111

    Sponsored
    For Sale
    Contact for pricing

    Prime Iowa commercial land, Hwy 141 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity in Grimes, Iowa. Located at the southeast corner of Highway 141 and Beaverbrook Boulevard, this property boasts convenient access to major transportation routes, including Interstate 80/35. The site encompasses several parcels ranging from 1.3 to 10.39 acres, with land prices per square foot varying from $10 to $17, depending on the specific parcel size. Several parcels are available individually, offering flexibility for various development needs. The property benefits from a controlled intersection and is situated near a variety of existing amenities, including residential developments (both single-family and multi-family), retail establishments, office spaces, other commercial properties, and hospitality businesses. A significant advantage is the proximity to the Grimesplex, a 50-acre sports complex scheduled to open in Fall 2023, which is expected to generate substantial foot traffic and economic activity in the area. Specific parcel sizes and pricing are as follows: one 2.13-acre parcel at $17.00/SF

    Property Features for 0 Sec Of Hwy 141 & Beaverbrook Blvd

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • Controlled intersection at Highway 141 and Beaverbrook Blvd.
    • Grimes, IA location; Southeast corner of Highway 141 and NE Beaverbrook Blvd, north of Menards.
    • Adjacent to the 50‑acre Grimesplex sports complex (opening Fall 2023).
    • 2.13‑acre parcel available at $17.00/SF.
    • 1.62‑acre parcel available at $13.00/SF.
    • 1.56‑acre parcel available at $13.00/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grimes
    County
    Grimes
    State
    Iowa
    Longitude
    -93.7747303
    Latitude
    41.6956381

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Iowa commercial land, Hwy 141 access.
    Where is this land located?
    The property is located at Sec Of Hwy 141 & Beaverbrook Blvd Grimes, IA.
    What are key features of this property?
    This property features: Controlled intersection at Highway 141 and Beaverbrook Blvd.; Grimes, IA location; Southeast corner of Highway 141 and NE Beaverbrook Blvd, north of Menards.; Adjacent to the 50-acre Grimesplex sports complex (opening Fall 2023).
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    Sec Of Hwy 141 & Beaverbrook Blvd 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
    Sec Of Hwy 141 & Beaverbrook Blvd Grimes, IA 50111
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