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Property profile & analytics
OFF-MARKET
Warehouses

3901 Park St Grimes, IA 50111

270,192 SF Built 2023
Property ID
Property summary
AI-generated overview

This exceptional Class A industrial property, the Rider Logistics Center, offers 179,732 square feet of immediately available flex and warehouse space in the thriving Grimes, Iowa market. Built in 2023, this 270,192-square-foot facility boasts a 32-foot ceiling height, providing ample vertical storage capacity. The property features 26 dock-high doors and 2 drive-in doors for efficient loading and unloading, complemented by 176 total parking spaces. Situated on a generous 78.137-acre lot, the building is zoned M1-A, allowing for a variety of industrial uses. Its strategic location north of Interstates 80 and 35 offers unparalleled access to major transportation arteries, connecting businesses to the entire Midwest. The surrounding area is experiencing significant growth, with numerous national and regional companies establishing a presence, making this a prime location for businesses seeking expansion or relocation. This multi-tenant building presents a unique opportunity to establish operations in one of Iowa's fastest-growing cities, benefiting from a robust and expanding industrial submarket. The property's modern design and ample space make it ideal for a variety of industrial and logistics operations.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 270,192 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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