1700 Beaverbrooke Blvd Grimes, IA 50111

Property Details for 1700 Beaverbrooke Blvd

Lot size

2.85 lot acres

Property type

Land

Description

This exceptional 2.85-acre commercial lot, located at 1700 NE Beaverbrooke Blvd, Grimes, IA 50111, presents a remarkable investment opportunity. Situated in Polk County, this C-2 zoned property offers significant potential for various commercial ventures. The asking price is $2,482,920, translating to $871,200 per acre. This highly desirable location boasts exceptional visibility and accessibility, benefiting from its proximity to Highway 141, which experiences a high volume of daily traffic (26,426 vehicles in 2020). The property is strategically positioned near the 50-acre Grimesplex, a major recreational complex anticipated to draw over one million visitors annually, further enhancing its commercial appeal. The area is experiencing rapid growth in both commercial and residential sectors. Utilities are readily available on-site. The location also benefits from its proximity to the recently completed $65 million Highway 141 flyover project, improving traffic flow and accessibility. Established businesses in the immediate vicinity include Casey's, Kwik Star, Raccoon Valley Bank, Kindercare, Earl May, Hy-Vee, Arby's, Culver's, Menards, and Walmart, indicating a strong and diverse commercial environment. The surrounding area also demonstrates a high median household income, with figures of $112,641 within one mile, $106,446 within three miles, and $107,103 within five miles. The population within these radii is substantial, with 4,062 residents within one mile, 24,264 within three miles, and 59,998 within five miles (2017 data). This property offers unparalleled potential for significant return on investment.