Financial
Distress signals
Property profile

1541 3rd St Grimes, IA 50111

OFF-MARKET
Investment properties
Property ID
US25-0189695
9,008 SF 1.28 ac lot Built 2018
Last sale Mar 2013 · $1,350,001
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$33k
Tax billed · 2020
Assessed value · 2023$1.16M
Assessed land$354k
Assessed improvement$806k
Effective rate2.84%

Value estimate

· Sep 2026
$1.23M
$1.10M – $1.35M
CAP approach$1.37M
Submarket $/SF estimate$1.30M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$136/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$71 – $172
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The C-2 General andHighwayService Commercial District is intended to provide for general commercial areas outside of the central business...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.1
Law Firm13.5
Wholesale Shop12.6

Location

1541 3rd St Grimes, IA 50111-8878
County assessor Recorded deeds · 3 transfers 10 qualifying comp sales Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4000 Beisser, Grimes, IA 50111-4969 $1,930,000 Oct 2024 6,300 SF
3355 Xrds, Grimes, IA 50111-4870 $1,450,000 May 2021 9,600 SF
1860 Princeton, Grimes, IA 50111-4825 $181,000 Jan 2020 6,945 SF
4005 Grimes, Grimes, IA 50111-4897 $725,000 Dec 2019 12,600 SF
1915 41st, Grimes, IA 50111-4934 $840,000 Mar 2019 10,500 SF
4200 Beisser, Grimes, IA 50111-4971 $925,000 Feb 2019 8,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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