2055 1st St Grimes, IA 50111-7614
Property profile & analytics
2055 1st St, Grimes, IA 50111-7614
- Grocery and convenience stores
- 20,074 SF
- 2.29 lot acres
Property ID
US25-0003434
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.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 2055 1st St
- Year built
- 2020
- Construction
- STEEL FRAME
- Lot size
- 2.29 lot acres
- Property type
- Grocery and convenience stores
- APN
- 311/00341-325-004
- APU
- 31100341325004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 22, 2019 | $1,695,500 | Aldi INC | Menard INC | Warranty Deed | — |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,085,000
- 6.5%
- $2,850,000
- 7%
- $2,645,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,505,000
- AI Estimate
- $2,529,000
Market price range: $1.21M - $3.51MMarket price range: $689k - $2.53M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,340,000 Current use
- RESTAURANT
- $3,455,000 Change: +48% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,120,000 Change: +33% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,040,000 Change: +30% Conversion: Difficult
- MEDICAL BUILDING
- $3,030,000 Change: +29% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,725,000 Change: +16% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,980,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Grimes
- County
- Polk
- State
- Iowa
- Longitude
- -93.7721
- Latitude
- 41.689
- 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
$20,094
$549,000
$3,181,000
$3,730,000
-
$549,000
$3,181,000
$3,730,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property Visit Statistics
-
Visits by month31.7k
-
Visitors by month21.4k
-
Avg Time on site23 min
