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    Property profile & analytics

    1541 3rd St Grimes, IA 50111-8878

    • Investment properties
    • 9,008 SF
    • 1.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0189695
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 1541 3rd St

    Year built
    2018
    Construction
    FRAME
    Lot size
    1.28 lot acres
    Property size
    9,008 SF
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    311/00305-550-117
    APU
    31100305550117

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grimes
    County
    Polk
    State
    Iowa
    Longitude
    -93.7783
    Latitude
    41.6873
    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
    $32,952
    $354,000
    $806,000
    $1,160,000
    -
    $354,000
    $806,000
    $1,160,000

    Comparable in this City

    • Value Estimation by Request
      6,112 SF

      551 Dovetail Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,112 SF
      551 Dovetail Rd, Grimes, IA 50111-4748
      View Details
    • Value Estimation by Request
      7,062 SF

      1201 Gtwy Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 7,062 SF
      1201 Gtwy Dr, Grimes, IA 50111-6637
      View Details
    • Value Estimation by Request
      3,312 SF

      2300 17th St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,312 SF
      2300 17th St, Grimes, IA 50111-6612
      View Details
    • Value Estimation by Request
      8,000 SF

      4305 Grimes Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 8,000 SF
      4305 Grimes Blvd, Grimes, IA 50111-4893
      View Details
    • Value Estimation by Request
      11,400 SF

      1930 41st St

      OFFICE/RESIDENTIAL (MIXED USE) • 11,400 SF
      1930 41st St, Grimes, IA 50111-4934
      View Details
    • Value Estimation by Request
      8,920 SF

      4200 Beisser Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 8,920 SF
      4200 Beisser Dr, Grimes, IA 50111-4971
      View Details

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    Similar Nearby for Lease

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      300,000 SF

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      105,000 SF Warehouse Available Now
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      27,000 SF

      Sublease Opportunity in Grimes, Iowa

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    • $5 SF/Yr
      200,000 SF

      New Industrial Space Available

      100,000 SF industrial space for lease in Grimes, Iowa.
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    Property Visit Statistics

    • Visits by month
      25.6k
    • Visitors by month
      13.4k
    • Avg Time on site
      20 min
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    1541 3rd St
    Grimes, IA 50111-8878
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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