Financial
Distress signals
Property profile

1101 37th St Grimes, IA 50111

OFF-MARKET
Other investment properties
Property ID
US25-0383039
23,484 SF 6 ac lot Built 2001
Last sale Aug 2021 · $2,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

1101 SE 37th St is a functional industrial property in Grimes, located within the northwest industrial submarket of the Des Moines MSA. The facility is configured to support a range of commercial industrial uses, including warehousing, light manufacturing, and service operations, with additional outdoor storage space for equipment or materials. This layout combines indoor industrial area for day-to-day operations with outdoor storage to accommodate logistics and production needs, and it is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$21k
Tax billed · 2020
Assessed value · 2023$1.06M
Assessed land$760k
Assessed improvement$300k
Effective rate1.98%

Value estimate

· Sep 2026
$2.74M
$2.46M – $3.01M
AI approach$2.44M
CAP approach$3.58M
Submarket $/SF estimate$1.67M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$136/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$71 – $172
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-3
The M-3 Heavy Industrial District is intended and designed to provide areas of thecityfor activities and uses of a heavy industrial chara...
General categoryINDUSTRIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Realty agency9.1
Tailor Shop8.8

Location

1101 37th St Grimes, IA 50111-4950
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3355 Xrds, Grimes, IA 50111-4870 $1,450,000 May 2021 9,600 SF
1860 Princeton, Grimes, IA 50111-4825 $181,000 Jan 2020 6,945 SF
4005 Grimes, Grimes, IA 50111-4897 $725,000 Dec 2019 12,600 SF
1915 41st, Grimes, IA 50111-4934 $840,000 Mar 2019 10,500 SF
4200 Beisser, Grimes, IA 50111-4971 $925,000 Feb 2019 8,920 SF
2500 Enterprise, Grimes, IA 50111-5272 $900,000 Nov 2018 18,081 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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