1152 Gtwy Dr, Grimes, IA 50111-4810
- Industrial properties
- 36,380 SF
- 4.39 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1152 Gtwy Dr
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 4.39 lot acres
- Zone code
- M-1A
- Property type
- Industrial properties
- APN
- 311/00305-525-009
- APU
- 31100305525009
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 22, 2025 | — | Jakers Mark 43 LLC | Ade 1145 LLC | Quitclaim Deed · related | $14.1M · First Horizon Bank |
| Oct 24, 2024 | $3,895,000 | Ade 1145 LLC | Merge Left LLC | Warranty Deed | $3.9M · Cogent Bank |
| Feb 13, 2020 | — | Merge Right LLC | — | Deed · related | $1.1M · Leighton St Bk |
| Oct 10, 2018 | $50,000 | Merge Left LLC | Flat Our Property LLC | Warranty Deed | $2.2M · Leighton State Bank |
| Jan 26, 2018 | — | Flat Out Property LLC | — | Deed · related | $2.7M · Lincoln Svgs Bk |
| Mar 2, 2015 | $2,165,000 | Flat Out Property LLC | Lowen Corp | Warranty Deed | $1.9M · Lincoln Savings Bank |
| Jan 8, 2013 | $1,570,000 | Lowen Corp | Cherkas,ronald D & Nancy L | Grant Deed | — |
| Jul 5, 2011 | $20,000 | Ronald D Cherkas | Cherkas,ronald D & Nancy | Grant Deed · related | — |
| May 30, 2008 | $2,379,000 | Ronald D Cherkas | Pbi Properties | Warranty Deed | $1.8M · West Bank |
| Apr 26, 2007 | — | Pbi Properties | — | Trustees Deed · related | $2.2M · West Bank |
| — | — | Merge Right LLC | — | Deed Of Trust · related | $1.1M · Leighton St Bk |
| — | — | Flat Out Property LLC | — | Loan Modification · related | $2.7M · Lincoln Svgs Bk |
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,895,000
- ML approach
- $3,895,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,689,000
Market price range: $2.39M - $4.09M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,035,000 Current use
- RESTAURANT
- $6,265,000 Change: +106% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,650,000 Change: +86% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $5,505,000 Change: +81% Conversion: Difficult
- MEDICAL BUILDING
- $5,490,000 Change: +81% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $4,935,000 Change: +63% Conversion: Difficult
- RETAIL STORES
- $4,245,000 Change: +40% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $3,585,000 Change: +18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Grimes
- County
- Polk
- State
- Iowa
- Longitude
- -93.7783
- Latitude
- 41.6792
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA