0 Grinnell Hy-Vee Grinnell, IA 50112
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.