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    1500 37th St Grimes, IA 50111-5297
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    Property profile & analytics

    1500 37th St, Grimes, IA 50111-5297

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    • Industrial properties
    • 115,341 SF
    • 26.31 lot acres
    Off-Market
    Last Sale Feb 25, 2022
    $13,320,000
    Property ID
    US25-0168181
    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.

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    Cap Rate Potential
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    • Industrial properties

    Property Details for 1500 37th St

    Year built
    1961
    Construction
    STEEL FRAME
    Lot size
    26.31 lot acres
    Zone code
    M-3
    Property type
    Industrial properties
    APN
    311/00013-051-002
    APU
    31100013051002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 27, 2025 — 1500 Se 37th St Owner LLC — Deed · related $345M · Athene Annuity And Life Company An Iow
    Feb 25, 2022 $13,320,000 1500 Se 37th St Owner LLC Usip III Des Moines LLC Special Warranty Deed $374M · Citi Real Estate Funding INC
    Oct 20, 2017 $10,400,234 Usip III Des Moines LLC Ub III 37th LLC Trustees Deed $120.5M · Barclays Bk/plc
    Jul 25, 2013 $7,618,250 Ub III 37th LLC Nl Ventures Viii Grimes LLC Special Warranty Deed $99.9M · Rbs Financial Products INC
    Aug 8, 2012 — Nl Ventures Viii Grimes LLC Ryko Solutions INC Grant Deed —
    Feb 7, 2008 — Ryko Manufacturing Co — Deed Of Trust · related $8M · Roynat Business Capital INC
    — — Ryko Solutions INC — Deed Of Trust · related $38k · Fifth Third Bank
    — — Nl Ventures Viii Grimes LLC — Deed Of Trust · related $4.8M · Mb Financial Bank NA
    — — Ryko Manufacturing Co — Deed Of Trust · related $34.2M · Bank Of America

    Value Estimations

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    Location Insight

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    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.7792
    Latitude
    41.6568
    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
    2023
    $232,606
    $2,160,000
    $4,320,000
    $6,480,000
    -
    $2,160,000
    $4,320,000
    $6,480,000
    More about this property
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