Property profile

1515 25th St Grimes, IA 50111

OFF-MARKET
Individual retail properties
Property ID
US25-1281214
12,200 SF 1.01 ac lot Built 2022
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 2022
Construction STEEL FRAME
Total area 12,200 SF
Lot 1.01 ac (43,778 SF)
APN 311/00306-900-208
UPID US25-1281214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Sports Field & Court Construction Company

Location

1515 25th St Grimes, IA 50111-8142
Grimes metro Census 11303 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2021
Last sale
$271,500
1 recorded transaction
2021
$271,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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