Property profile

25th St & Gtwy Dr Grimes, IA 50111

OFF-MARKET
Land
1.01 ac lot
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Property summary

AI-generated overview

This exceptional offering presents multiple commercial land parcels in Grimes, Iowa, zoned M-1A. The available lots range in size from 1.005 to 2.351 acres, providing flexibility for various development projects. Pricing varies by lot, with Lot 11 priced at $8.00 per square foot, Lot 18 at $9.00 per square foot, and Lots 20 and 21 at $10.00 per square foot. Lots 12, 15, 16, and 17 are currently under contract, while Lots 13, 14, and 19 have been sold. This strategic location boasts excellent access to Interstate 35 and Interstate 80, offering unparalleled connectivity across the Midwest. The forthcoming completion of the Urban Loop will further enhance interstate accessibility, making this an even more attractive investment opportunity. The property also benefits from the availability of multiple development incentives, creating a compelling case for businesses seeking a prime location with significant growth potential. The address is SE 25th St & Gateway Drive, Grimes, IA 50111, within Polk County. This is a rare opportunity to acquire land in a thriving industrial submarket with exceptional infrastructure and access.

Property profile

Verified
Property type Land
Lot 1.01 ac (43,996 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25th St & Gtwy Dr Grimes, IA 50111
Grimes metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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