Grimes, IA Retail Properties & Spaces for Sale

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Johnston, IA Urbandale, IA Granger, IA Des Moines, IA Waukee, IA Clive, IA West Des Moines, IA Polk City, IA

Updated: Mar 6

New Retail Center in Grimes

825 NE Gateway Dr., Grimes, IA 50111

Contact for pricing

1,600 sqft 3.12 AC lot

Located off heavily trafficked HWY 141 with 22,000 VPD (2021).
Located just east of GrimesPlex, estimated to draw 1.5 million visitors per year.
Part of Hope District, a new 200‑acre multi‑use entertainment district.
New construction (built in 2022) retail strip center.
Generous TI Allowance.

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Updated: May 31, 2023

Retail Building in Hope District

1101 E 1st Street, Grimes, IA 50111

Contact for pricing

20,054 sqft 2.59 AC lot

20,054 sqft retail building built in 2021
Located at the entrance of the Hope District
Lease Rate is $28/PSF NNN
Located near Grimes‑Plex, Hy‑Vee, Culvers, Arby's
Located near Jiffy Lube, DUPACO Credit Union, and many more retailers

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New Retail Center in Grimes

825 NE Gateway Dr, Grimes, IA 50111

Contact for pricing

21,238 sqft

New retail strip center near high-traffic area and entertainment district.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Grimes, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

West Des Moines Fueling Station

9150 SE University Ave, West Des Moines, IA 50266

$6,293,000

6,674 sqft

Fueling station with convenience store, long-term corporate lease.

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Valley West Mall Development Opportunity

1551 Valley West Drive, West Des Moines, IA 50266

Contact for pricing

856,000 sqft 57.72 AC lot

856,000 SF retail property on 57.72 acres in Iowa.

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Retail/Office Center in Urbandale, Iowa

3941-4001 100th St, Urbandale, IA

$1,580,000

13,139 sqft 1.86 AC lot

13,139 SF retail/office center at NW Urbandale Avenue and 100th Street.

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Retail Building in Urbandale Area

3054 86th St, Urbandale, IA 50322

Contact for pricing

13,262 sqft

13,262 SF retail building with strong investment potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Lots in Hope Development

1221 NE Gateway Drive, Grimes, IA 50111

$884,718

Five commercial lots with high visibility in a large development.

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Commercial Lots in Hope Development

1251 NE Gateway Drive, Grimes, IA 50111

$890,010

Commercial lots with high visibility in a growing development.

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Commercial Land in Johnston, Iowa

8605 Valley Parkway, Johnston, IA 50131

$2,314,000

26.50 AC lot

Two adjoining parcels with commercial options in Johnston, Iowa.

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Prime 1-Acre Commercial Land

3505 SE Grimes Boulevard, Grimes, IA 50111

$716,775

1.00 AC lot

1-acre commercial land with high traffic visibility in Polk County.

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Off-Market Properties in Grimes, IA

Consider similar Off-Market properties in Grimes, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

250 Gtwy Dr, Grimes, IA 50111-2045

Value Estimation by Request

2,000 sqft 0.63 AC lot

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CONVENIENCE STORE

1905 37th St, Grimes, IA 50111-4941

Value Estimation by Request

3,854 sqft 1.90 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

101 Gtwy Dr, Grimes, IA 50111-4768

$640,000

Estimated value

3,774 sqft 1.93 AC lot

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SERVICE SHOP (TV, ELECTRIC, PLUMBING)

2581 1st St, Grimes, IA 50111-7610

Value Estimation by Request

5,260 sqft 1.00 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1201 1st St, Grimes, IA 50111-4850

$1,800,000

Estimated value

2,584 sqft 1.00 AC lot

View details

CONVENIENCE STORE

1900 37th St, Grimes, IA 50111

$550,000

Estimated value

4,514 sqft 1.74 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

210 Main St, Grimes, IA 50111-2192

Value Estimation by Request

2,200 sqft 0.07 AC lot

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SHOPPING CENTER, STRIP CENTER

1101 1st St, Grimes, IA 50111-4945

$5,090,000

Estimated value

20,250 sqft 2.59 AC lot

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CAR WASH

301 Cypress Dr, Grimes, IA 50111-2379

$4,015,000

Estimated value

4,505 sqft 1.11 AC lot

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CAR WASH

3500 Xrds Dr, Grimes, IA 50111

Value Estimation by Request

3,644 sqft 0.63 AC lot

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CAR WASH

1901 11th St, Grimes, IA 50111

$3,810,000

Estimated value

5,385 sqft 1.90 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

209 Main St, Grimes, IA 50111-2192

Value Estimation by Request

2,228 sqft 0.20 AC lot

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GYM, HEALTH SPA

1120 Sta Xing, Grimes, IA 50111-8012

$1,485,000

Estimated value

47,712 sqft 2.35 AC lot

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FINANCIAL BUILDING

221 Gtwy Dr, Grimes, IA 50111-1283

Value Estimation by Request

12,767 sqft 1.48 AC lot

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RESTAURANT

309 1st St, Grimes, IA 50111-2332

Value Estimation by Request

3,500 sqft 0.23 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

2170 1st St, Grimes, IA 50111-7606

Value Estimation by Request

2,831 sqft 1.24 AC lot

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RESTAURANT

213 Main St, Grimes, IA 50111-2192

Value Estimation by Request

1,323 sqft 0.07 AC lot

View details

SHOPPING CENTER, STRIP CENTER

12671 Meredith Dr, Grimes, IA 50111

$1,945,000

Estimated value

11,700 sqft 3.46 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

251 Cypress Dr, Grimes, IA 50111-2378

$805,000

Estimated value

6,478 sqft 1.10 AC lot

View details

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

1501 1st St, Grimes, IA 50111-3900

$1,125,000

Estimated value

4,187 sqft 1.39 AC lot

View details

GYM, HEALTH SPA

1515 25th St, Grimes, IA 50111-8142

Value Estimation by Request

12,200 sqft 1.01 AC lot

View details

Grimes, IA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Grimes, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 42,892 square feet of properties for sale, with an estimated market value of $28.

Sale prices for stores in Grimes, IA start at $0.00, averaging $9.33, and reaching up to $28 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 16K

Population Growth (5Y) +18.1%

Median Household Income $108,352

College Educated 64.1%

High-Yield Neighborhoods for Investment

Identify Grimes submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
50111	$239.6K

Taxes & Financing

Tax Rate (average for all types) 2.29%

Property Tax per SF $36.10 per SF

Tax Rate vs County Average 0.13 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Grimes fall within the 50,000 to 100,000 square foot range.

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Grimes, IA Retail Properties & Spaces for Sale

825 NE Gateway Dr., Grimes, IA 50111

1101 E 1st Street, Grimes, IA 50111

825 NE Gateway Dr, Grimes, IA 50111

Opportunities in Nearby Cities

9150 SE University Ave, West Des Moines, IA 50266

1551 Valley West Drive, West Des Moines, IA 50266

3941-4001 100th St, Urbandale, IA

3054 86th St, Urbandale, IA 50322

Potential Development Sites for Consideration

1221 NE Gateway Drive, Grimes, IA 50111

1251 NE Gateway Drive, Grimes, IA 50111

8605 Valley Parkway, Johnston, IA 50131

3505 SE Grimes Boulevard, Grimes, IA 50111

Off-Market Properties in Grimes, IA

250 Gtwy Dr, Grimes, IA 50111-2045

1905 37th St, Grimes, IA 50111-4941

101 Gtwy Dr, Grimes, IA 50111-4768

2581 1st St, Grimes, IA 50111-7610

1201 1st St, Grimes, IA 50111-4850

1900 37th St, Grimes, IA 50111

210 Main St, Grimes, IA 50111-2192

1101 1st St, Grimes, IA 50111-4945

301 Cypress Dr, Grimes, IA 50111-2379

3500 Xrds Dr, Grimes, IA 50111

1901 11th St, Grimes, IA 50111

209 Main St, Grimes, IA 50111-2192

1120 Sta Xing, Grimes, IA 50111-8012

221 Gtwy Dr, Grimes, IA 50111-1283

309 1st St, Grimes, IA 50111-2332

2170 1st St, Grimes, IA 50111-7606

213 Main St, Grimes, IA 50111-2192

12671 Meredith Dr, Grimes, IA 50111

251 Cypress Dr, Grimes, IA 50111-2378

1501 1st St, Grimes, IA 50111-3900

1515 25th St, Grimes, IA 50111-8142

Grimes, IA Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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