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Property profile

1880 Princeton Dr Grimes, IA 50111

OFF-MARKET
Grocery and convenience stores
Property ID
US25-0084030
3,312 SF 1.47 ac lot Built 2022
Last sale Sep 2006 · $1,380,500
Trust Owned Owner of record is a trust. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$39k
Tax billed · 2020
Assessed value · 2023$1.46M
Assessed land$389k
Assessed improvement$1.08M
Effective rate2.69%

Value estimate

· Oct 2026
$420k
$378k – $462k
AI approach$275k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152

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?
M-1A
The M-1A Commercial and Limited Light Industrial District is intended and designed to provide areas of thecitysuitable for activities and...
General categoryINDUSTRIAL
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 agency16.7
Dental Office16.0
Law Firm15.1

Location

1880 Princeton Dr Grimes, IA 50111-4825
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
250 Gtwy, Grimes, IA 50111-2045 $730,000 Feb 2026 2,000 SF
210 Main, Grimes, IA 50111-2192 $185,000 Jun 2023 2,200 SF
209 Main, Grimes, IA 50111-2192 $295,000 Nov 2022 2,228 SF
2351 1st, Grimes, IA 50111-7611 $46,000 Sep 2019 7,520 SF
801 1st, Grimes, IA 50111 $3,510,000 Jul 2019 5,736 SF
109 1st St Ste, Grimes, IA 50111-1209 $575,000 Jul 2019 2,500 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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