Property profile

3355 Gtwy Dr Grimes, IA 50111

OFF-MARKET
Retail properties & Spaces
Property ID
US25-0289891
3,360 SF 3.03 ac lot Built 2013
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group NURSERY, GREENHOUSE, FLORIST
Year built 2013
Construction STEEL FRAME
Total area 3,360 SF
Lot 3.03 ac (131,769 SF)
Zoning code M-2
APN 311/00305-750-004
UPID US25-0289891

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Garden Center
  • Discount Store Party Supply Store

Location

3355 Gtwy Dr Grimes, IA 50111-5160
Grimes metro Census 11303 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2013
7 recorded transactions
2019
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A
2013
Price N/A
2013
$430,000
2008
Price N/A

Zoning & alternative use

M-2 · Grimes, IA
Zoning description

12-10-3 M-2 District Regulations 12-10-4 M-3 District Regulations 12-11 Overlay Districts 12-11-1 Highway 141 Mixed Use Development Corridor District 12-11-1 Highway 141 Mixed Use Development Corridor District (Continued…

General category INDUSTRIAL

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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