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    Destination Dr Grimes, IA 50111

    • Land
    • 61.43 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Destination Dr

    Lot size
    61.43 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering in Grimes, Iowa, presents a unique investment opportunity encompassing a total of 61.43 acres. Strategically located north of SE 11th Street, south of E 1st Street, and east and west of SE Destination Drive in Polk County, this property is ideally situated for various commercial developments. The land is divided into several parcels, offering flexibility for different project scales and needs. Specific parcel details include: Plat 2 Lot 2 (1.51 acres) priced at $8 per square foot

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.7806
    Latitude
    41.6885

    Comparable in this City

    • Value Estimation by Request
      37.52 Acres

      19Th St

      Land • 37.52 Acres
      0 19Th St, Grimes, IA 50111
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    • Value Estimation by Request
      8.49 Acres

      3201 37Th St

      Land • 8.49 Acres
      3201 37Th St, Grimes, IA 50111
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    • Value Estimation by Request

      1St St

      Individual retail properties
      0 1St St, Grimes, IA 50111
      View Details
    • Value Estimation by Request
      2.85 Acres

      1700 Beaverbrooke Blvd

      Land • 2.85 Acres
      1700 Beaverbrooke Blvd, Grimes, IA 50111
      View Details
    • Value Estimation by Request
      3.50 Acres

      3455 Gateway Dr

      Land • 3.50 Acres
      3455 Gateway Dr, Grimes, IA 50111
      View Details
    • Value Estimation by Request

      1700 Beaverbrooke Blvd

      Land
      1700 Beaverbrooke Blvd, Grimes, IA 50111
      View Details

    Similar Nearby for Sale

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      Grimes, IA Commercial Land Parcels

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      Grimes Commercial Land - $893,851

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      Grimes Blvd Commercial Land

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    Similar Nearby for Lease

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      Grimes Sportsplex: 80 Acres For Lease

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      Commercial Land For Future Development

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      Land Adjacent to Hy-Vee

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      Prime Land Near HyVee

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    • $27 SF/Yr
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      Hope Plaza II: Grimes Retail Space

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    • $5 SF/Yr
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    Destination Dr
    Grimes, IA 50111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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