Property profile

2800 Enterprise Dr Grimes, IA 50111

OFF-MARKET
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Property ID
US25-0436100
64,984 SF 5.27 ac Built 1994
Last sale Jul 2015·$2,700,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This industrial warehouse contains approximately 64,984 square feet of warehouse space and about 4,000 square feet of office area. The warehouse offers 15 to 25 feet of clear height at the sides and a clear column grid of 60 feet by 30 feet. Loading facilities include 10 dock doors and one drive-in door, supporting both docked and drive-in warehouse operations. The property also includes fenced outdoor storage and is located in Grimes with convenient access to I-80 and I-35.

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?
$88k
Tax billed · 2020
Assessed value · 2023$3.98M
Assessed land$615k
Assessed improvement$3.37M
Effective rate2.20%

Value estimate

· Nov 2026
$4.77M
$4.29M – $5.24M
Submarket $/SF estimate$4.61M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$136/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$71 – $172
Qualifying comparables3

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 agency13.0
Law Firm9.7
Furniture Store9.3

Location

2800 Enterprise Dr Grimes, IA 50111-4991
County assessor Recorded deeds · 4 transfers 3 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 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1101 37th, Grimes, IA 50111-4950 $2,750,000 Aug 2021 23,484 SF
3355 Xrds, Grimes, IA 50111-4870 $1,450,000 May 2021 9,600 SF
4005 Grimes, Grimes, IA 50111-4897 $725,000 Dec 2019 12,600 SF
1915 41st, Grimes, IA 50111-4934 $840,000 Mar 2019 10,500 SF
4200 Beisser, Grimes, IA 50111-4971 $925,000 Feb 2019 8,920 SF
2500 Enterprise, Grimes, IA 50111-5272 $900,000 Nov 2018 18,081 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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Includes: Price & PSF · Cap rate · Location · Zoning

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