1101 E 1St St Grimes, IA 50111
Property Lookup
Property profile & analytics
1101 E 1St St Grimes, IA 50111
- Strip malls
- 20,250 SF
- 2.59 lot acres
Property ID
US25-2552482
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 1101 E 1St St
- Year built
- 2021
- Construction
- STEEL FRAME
- Lot size
- 2.59 lot acres
- Property size
- 20,250 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 311/00305-730-701
- APU
- 31100305730701
Description
This exceptional Class A retail property, built in 2022, boasts 20,054 square feet of space situated on 2.59 acres of land at 1101 E 1st Street, conveniently located at the entrance to the vibrant Hope District. The building features a single story with 126 parking spaces, ensuring ample convenience for customers and employees. The property is zoned C2 and located in Polk County, offering excellent visibility and accessibility. Multiple tenancy options are available, with spaces ranging from a minimum of 1,496 square feet to a maximum contiguous space of 4,488 square feet. Currently, there is 9,564 square feet of vacant space ready for immediate occupancy. The building benefits from a 1.0 load factor. This prime retail location is surrounded by a thriving commercial environment, including well-established businesses such as Grimes-Plex, Hy-Vee, Culver's, Arby's, Jiffy Lube, and DUPACO Credit Union, ensuring high foot traffic and strong potential for success. The property's strategic location and modern design make it an ideal opportunity for businesses seeking a prominent presence in a rapidly growing area. Contact us today to learn more about this exceptional retail space.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,910,000
- ML approach
- $4,960,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,305,000
- 6.5%
- $3,975,000
- 7%
- $3,690,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,485,000
- AUTO REPAIR, GARAGE
- $3,145,000
- APARTMENT HOUSE (5+ UNITS)
- $3,065,000
- MEDICAL BUILDING
- $3,055,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Grimes
- County
- Polk
- State
- Iowa
- Longitude
- -93.7824
- Latitude
- 41.6891
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$88
$1,690,000
$2,630,000
$4,320,000
-
$1,690,000
$2,630,000
$4,320,000
