Realmo Analytics

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Property profile

1890 Destination Dr Grimes, IA 50111

OFF-MARKET
Strip malls
Property ID
US25-0839450
5,684 SF 0.56 ac lot Built 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial property is located along a developing commercial corridor in Grimes, positioned for retail or service-oriented use. It offers access to Highway 141 and connectivity to the Des Moines metro area, with surrounding land uses including expanding residential neighborhoods as well as established retail and business users. The site’s placement along the corridor supports businesses that rely on visibility and convenient driving access.

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

What does the county charge?
Assessed value · 2023$1.10M
Assessed land$103k
Assessed improvement$997k

Value estimate

· Oct 2026
$560k
$504k – $616k
Submarket $/SF estimate$767k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency15.9
Law Firm15.1
Auto Parts Store13.4

Location

1890 Destination Dr Grimes, IA 50111-6635
County assessor Recorded deeds · not on file 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 13 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1101 1st St, Grimes, IA 50111-4945 $5,250,000 Mar 2023 No data
12671 Meredith, Grimes, IA 50111 $1,998,000 Dec 2021 11,700 SF
1220 Sta, Grimes, IA 50111-8013 $1,589,840 Dec 2020 52,959 SF
200 Gtwy, Grimes, IA 50111-2182 $1,800,000 Dec 2019 16,920 SF
3600 Xrds, Grimes, IA 50111-5048 $40,000 May 2019 9,800 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

Ask Rey → ChatGPT Grok Claude
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