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Property profile & analytics
OFF-MARKET
Warehouses

708 Main St Grimes, IA 50111-2014

3,456 SF 0.66 ac lot Built 2002
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US25-0293886
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Construction FRAME
Total area 3,456 SF
Lot 0.66 ac (28,750 SF)
Zoning code M-3
APN 311/00305-511-004
UPID US25-0293886
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
Jtp LLC · 11 yrs held
Jtp LLC
since 2014
1 recorded transaction
2014
$205,000
Zoning & alternative use
M-3 · Grimes, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 Bulk Regulations Table 12-12-2 Internal Bulk Requirements Table 12-13…

Zone name Heavy Industrial District
General category INDUSTRIAL
Zone area 224.10 ac
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