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Property profile & analytics
OFF-MARKET
Warehouses

3754 Capitol Cir Grimes, IA 50111-4858

5,050 SF 1.25 ac lot Built 1974
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US25-0066897
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction STEEL FRAME
Total area 5,050 SF
Lot 1.25 ac (54,450 SF)
Zoning code M-1A
APN 311/00174-320-001
UPID US25-0066897
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Great Dane Leasing LLC · 11 yrs held
Great Dane Leasing LLC
since 2014
7 recorded transactions
2019
Price N/A
2014
$379,000
2010
Price N/A
2009
Price N/A
2009
$378,851
2008
$325,000
2007
Price N/A
Zoning & alternative use
M-1A · Grimes, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

12-10-2 M-1A District Regulations 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) 12-11-2 Transportation Corridor Mixed Use Development Overlay District 12-12 Bulk Regulations 12-12-1 Bu…

Zone name Commercial And Limited Light Industrial District
General category INDUSTRIAL
Zone area 920.36 ac
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