Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

825 NE Gateway Dr Grimes, IA 50111

FOR SALE
Strip malls
Property ID
US25-0298865
20,164 SF 3.12 ac lot Built 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Hope Plaza II is a newly constructed retail strip center in Grimes, Iowa, located off heavily trafficked Highway 141, just east of Grimes Plex in the Hope District area. The center consists of 21,238 square feet and is situated just west of Highway 141 within Grimes. The retail complex includes multiple tenant spaces, with examples of occupants historically including Caribou Coffee, Papa John’s Pizza, Iris & Ray’s Eye Attic, and The Iowa Clinic. The surrounding area includes Grimes Plex, a…

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

What does the county charge?
Assessed value · 2023$2.55M
Assessed land$1.61M
Assessed improvement$940k

Value estimate

· Oct 2026
$1.63M
$1.46M – $1.79M
Submarket $/SF estimate$1.78M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152
Qualifying comparables8

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency16.5
Law Firm14.5
Building Supply13.6

Location

825 NE Gateway Dr Grimes, IA 50111
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 10 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1101 1st St, Grimes, IA 50111-4945 $5,250,000 Mar 2023 No data
12671 Meredith, Grimes, IA 50111 $1,998,000 Dec 2021 11,700 SF
1220 Sta, Grimes, IA 50111-8013 $1,589,840 Dec 2020 52,959 SF
200 Gtwy, Grimes, IA 50111-2182 $1,800,000 Dec 2019 16,920 SF
3600 Xrds, Grimes, IA 50111-5048 $40,000 May 2019 9,800 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved