Property profile

3505 Xrds Dr Grimes, IA 50111

OFF-MARKET
Investment properties
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Property ID
US25-0074280
15,552 SF 0.92 ac Built 2004
Last sale Jul 2009·$780,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$23k
Tax billed · 2020
Assessed value · 2023$1.14M
Assessed land$158k
Assessed improvement$982k
Effective rate2.00%

Value estimate

· Nov 2026
$1.27M
$1.14M – $1.40M
Submarket $/SF estimate$1.27M

Realmo valuation models over county records and 12 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 comparables12

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.9
Realty agency12.7
Law Firm11.7

Location

3505 Xrds Dr Grimes, IA 50111-5050
County assessor Recorded deeds · 5 transfers 12 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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