Financial
Distress signals
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?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 2026
$1.34M
$1.21M – $1.47M

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

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 5 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

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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