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OFF-MARKET
Land

1700 Beaverbrooke Blvd Grimes, IA 50111

Property ID
Property summary
AI-generated overview

This exceptional opportunity presents five commercial land parcels ideally situated at the east entrance of the Hope Commercial Development in Grimes, Iowa. These lots boast unparalleled visibility from Highway 141, positioned along the main thoroughfare of this expansive 211-acre development. The strategic location offers immediate proximity to a range of established businesses, including a substantial Hy-Vee grocery store (over 100,000 square feet), Menards, Walmart, a Starbucks, and a sports complex. The Hope Development, a $250 million investment, is planned to include a mix of commercial and residential properties, along with a significant 50-acre turf sports facility. This ensures a vibrant and growing community surrounding the property, providing a strong foundation for future development and significant return on investment. The individual lot addresses are 1700 NE Beaverbrooke Blvd and 1151, 1201, 1221, and 1251 NE Gateway Dr, all located in Polk County, Iowa, zip code 50111. These parcels represent a rare chance to secure a prime location within a thriving commercial hub, offering substantial potential for various commercial ventures. The high visibility and proximity to major retailers make these lots particularly attractive for businesses seeking strong foot traffic and brand recognition. Detailed site plans and development information are available upon request.

Property profile
Verified
Property type Land
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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