0 Sec Of Hwy 141 & Beaverbrook Blvd Grimes, IA 50111
This exceptional commercial land offering presents a unique investment opportunity in Grimes, Iowa. Located at the southeast corner of Highway 141 and Beaverbrook Boulevard, this property boasts convenient access to major transportation routes, including Interstate 80/35. The site encompasses several parcels ranging from 1.3 to 10.39 acres, with land prices per square foot varying from $10 to $17, depending on the specific parcel size. Several parcels are available individually, offering flexibility for various development needs. The property benefits from a controlled intersection and is situated near a variety of existing amenities, including residential developments (both single-family and multi-family), retail establishments, office spaces, other commercial properties, and hospitality businesses. A significant advantage is the proximity to the Grimesplex, a 50-acre sports complex scheduled to open in Fall 2023, which is expected to generate substantial foot traffic and economic activity in the area. Specific parcel sizes and pricing are as follows: one 2.13-acre parcel at $17.00/SF
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.