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Property profile

250 Destination Dr Grimes, IA 50111

OFF-MARKET
Strip malls
Property ID
US25-0263331
13,263 SF 1.49 ac lot Built 2012
Last sale Feb 2011 · $499,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,182 square foot retail space is situated within a thriving 13,263 square foot, Class A retail center at 250 SE Destination Dr, Grimes, IA 50111. Built in 2012, the property boasts a total of nine suites, offering a diverse tenant mix. The available space is part of a larger, multi-tenant building and is conveniently located in Grimes' bustling retail corridor, benefiting from high visibility and significant foot traffic. The property sits on a 1.485-acre lot and is…

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?
$82k
Tax billed · 2020
Assessed value · 2023$2.84M
Assessed land$765k
Assessed improvement$2.08M
Effective rate2.89%

Value estimate

· Oct 2026
$1.34M
$1.21M – $1.47M

Realmo valuation models over county records and 10 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 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 agency15.2
Law Firm13.8
Wholesale Shop13.7

Location

250 Destination Dr Grimes, IA 50111-8902
County assessor Recorded deeds · not on file 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

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

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

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