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Property profile & analytics
OFF-MARKET
Land

0 Grinnell Hy-Vee Grinnell, IA 50112

3.32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.32-acre commercial land parcel presents a remarkable investment opportunity in Grinnell, Iowa. Strategically located between Hy-Vee and Thiesen’s Home-Farm-Auto, this property benefits from high visibility and significant foot traffic generated by these established businesses. The asking price is $433,500, translating to a land value of $3 per square foot. The property is zoned C-1 General Commercial, allowing for a wide range of development possibilities. All utilities are readily available, simplifying the development process. The lot's size offers flexibility, with the potential for subdivision to accommodate multiple projects or tailored development plans. This prime location in Poweshiek County, Iowa, with a Grinnell, IA 50112 zip code, offers unparalleled access to a thriving community and strong retail presence. The property's proximity to major retailers ensures high visibility and accessibility for any future development, making it an ideal investment for both short-term and long-term growth. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 3.32 ac (144,619 SF)
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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