Financial
Distress signals
Property profile

480 Gtwy Dr Grimes, IA 50111

OFF-MARKET
Retail space
Property ID
US25-0382918
10,000 SF 1.51 ac lot Built 2020
Last sale May 2021 · $1,825,500
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$50
Tax billed · 2020
Assessed value · 2023$1.36M
Assessed land$197k
Assessed improvement$1.16M
Effective rate0.00%

Value estimate

· Sep 2026
$1.75M
$1.58M – $1.93M
AI approach$1.74M
CAP approach$1.42M
Submarket $/SF estimate$1.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$60 – $175

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.4
Law Firm12.5
Hair Salon10.1

Location

480 Gtwy Dr Grimes, IA 50111
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
221 Gtwy, Grimes, IA 50111-1283 $127,000 Oct 2022 12,767 SF
1515 25th, Grimes, IA 50111-8142 $271,500 Sep 2021 12,200 SF
1701 1st, Grimes, IA 50111-5274 $1,098,000 Aug 2020 10,870 SF
2351 1st, Grimes, IA 50111-7611 $46,000 Sep 2019 7,520 SF
275 Brookside, Grimes, IA 50111-4900 $303,500 Jan 2019 9,744 SF
2030 1st, Grimes, IA 50111 $613,000 Dec 2018 7,924 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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