Financial
Distress signals
Property profile

1152 Gtwy Dr Grimes, IA 50111

OFF-MARKET
Industrial properties
Property ID
US25-0246480
36,380 SF 4.39 ac lot Built 2007
Last sale Oct 2024 · $3,895,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ 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 · 2023

What does the county charge?
$117k
Tax billed · 2023
Assessed value · 2024$3.30M
Assessed land$525k
Assessed improvement$2.78M
Effective rate3.55%

Value estimate

· Sep 2026
$3.90M
$3.51M – $4.28M
AI approach$3.90M
Submarket $/SF estimate$2.69M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$66 – $112

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-1A
The M-1A Commercial and Limited Light Industrial District is intended and designed to provide areas of thecitysuitable for activities and...
General categoryINDUSTRIAL
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 agency13.9
Law Firm12.4
Electrical Service11.1

Location

1152 Gtwy Dr Grimes, IA 50111-4810
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3000 Enterprise, Grimes, IA 50111-5054 $2,151,000 Oct 2024 20,000 SF
2400 Enterprise, Grimes, IA 50111-1303 $9,708,000 Jan 2024 80,780 SF
2900 Enterprise, Grimes, IA 50111-4992 $1,800,000 Apr 2022 18,000 SF
2955 Miehe, Grimes, IA 50111-6609 $260,000 Sep 2020 22,800 SF
1850 Destination, Grimes, IA 50111-6626 $1,600,000 Aug 2020 26,100 SF
1851 Destination, Grimes, IA 50111-6623 $2,100,000 Mar 2020 25,600 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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