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    Brookside Dr Grimes, IA 50111
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    Brookside Dr, Grimes, IA 50111

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    • Land
    • 1.74 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Brookside Dr

    Lot size
    1.74 lot acres
    Property type
    Land

    Description

    This exceptional 1.74-acre commercial land parcel in Grimes, Iowa, presents a remarkable investment opportunity. Priced at $948,250, this property boasts a prime location on NW Brookside Dr, offering unparalleled visibility and accessibility. Situated on a corner lot, it benefits from a future lighted intersection on Highway 44, ensuring high traffic exposure. The land is zoned for commercial development and offers build-to-suit options or the potential for a strip mall. This area is experiencing robust residential growth, fueled by the proximity to the new Dallas Center Grimes High School and Middle School, whose traffic flows directly past the site. The location on West 1st Street, the main access to Highway 141 (with 37,000 vehicles per day in 2016), further enhances its strategic value. A stoplight at the intersection of W 1st Street and SW Brookside Drive provides convenient access. The property's strong neighboring businesses include Mercy Clinic, Anytime Fitness, and Kennybrook Village Senior Living, creating a vibrant and established commercial environment. Furthermore, its adjacency to the West 44 Townhome Project positions it within a rapidly developing community. The land value is $12.50 per square foot. This property is ideal for developers seeking a high-impact location with significant growth potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.806
    Latitude
    41.6891
    More about this property
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