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Property profile & analytics
OFF-MARKET
Land

265 Brookside Dr Grimes, IA 50111

2.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Grimes, Iowa. Located at 265 SW Brookside Drive, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial development possibilities. The expansive lot size offers ample space for various projects, from retail establishments and restaurants to office buildings and other commercial ventures. Priced at $750,946, or $7 per square foot, this represents a compelling value in a rapidly growing area. Its strategic location just south of Highway 44 ensures excellent visibility and accessibility, placing it within easy reach of a substantial customer base. The surrounding area is well-established, featuring a convenient mix of local restaurants, retail shops, and grocery stores, creating a vibrant and supportive commercial environment. This property's prime location and versatile zoning make it an ideal choice for discerning investors seeking a high-potential commercial development site in a thriving Iowa community. The property is situated in Polk County, Iowa, with a zip code of 50111. The coordinates are 41.6870745 latitude and -93.8050685 longitude.

Property profile
Verified
Property type Land
Lot 2.4 ac (104,544 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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