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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 1St St Grimes, IA 50111

Property ID
Property summary
AI-generated overview

This exceptional 80.85-acre property, located at the intersection of Highway 141 and East 1st Street in Grimes, Iowa (zip code 50111), presents a unique investment opportunity. Zoned for commercial use, this expansive site offers significant potential for a variety of developments. The property's large size allows for flexibility in design and construction, accommodating a wide range of commercial ventures. Currently designated as a single-tenant property, the land is ideal for large-scale retail projects, mixed-use developments, or even a combination of retail space with apartments or senior housing, given its zoning and subtype classifications. The location in Polk County, Iowa, provides excellent access to major transportation routes, ensuring high visibility and convenient access for potential customers and employees. This is a rare opportunity to acquire a substantial parcel of land in a growing Iowa community, offering significant long-term growth potential. The property's size and strategic location make it an attractive proposition for developers seeking a prominent presence in the Grimes market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is currently available for lease. Further details regarding site specifics and development possibilities are available upon request.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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