Entity Owned Property summary
This exceptional 8,092 square foot retail and office building presents a unique pre-leasing opportunity in the thriving Grimes, Iowa market. Located at the highly visible northwest corner of SE 37th Street and SE Miehe Drive, this single-story building offers excellent accessibility to major thoroughfares including Highway 141, 100th Street, and Interstates 35/80, ensuring convenient access for both employees and customers. The property sits on a substantial 1.49-acre lot (65,079 square feet)… and is zoned M2, allowing for a variety of commercial uses. The building is currently entirely vacant, offering flexible space options ranging from a minimum of 3,238 contiguous square feet to a maximum of 4,854 contiguous square feet. Multiple tenancy is possible. Benefit from high daily traffic counts, with over 9,000 vehicles passing SE 37th Street daily (2016 data). This centrally located property serves the communities of Grimes, Johnston, and Urbandale, providing access to a large and diverse customer base. The lease rate is negotiable, making this an attractive investment opportunity for businesses seeking a prominent location with excellent visibility and convenient access to key transportation routes. The property is ideally suited for a variety of retail and office uses.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,309 SF
- Lot area
- 1.49 ac
- APN
- 311/01519-001-000
- Zoning
- M-2
- Assessed value · 2023
- $203,000
- Annual tax · 2020
- $3,476
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The M-2 Light Industrial District is intended and designed to provide areas of thecitysuitable for activities and uses of a light industrial nature, it is not intended that any new residentialdevelopmentbe permitted in t…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
