For Sale
$886,010

1221 Gateway Dr Grimes, IA 50111

Prime Grimes location, high traffic, C-2 zoning

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1.13-acre retail land parcel in Grimes, Iowa, presents a compelling investment opportunity. Located at 1221 NE Gateway Dr, this 49,223 square foot lot is zoned C-2, offering significant development potential. The property benefits from its strategic location near Highway 141, which boasts a 2020 daily vehicle count of 26,426, ensuring high visibility and accessibility. Its proximity to the 50-acre Grimesplex sports complex, projected to draw over 1,000,000 visitors annually, further enhances its appeal. The area is experiencing robust commercial and residential growth, supported by readily available on-site utilities. This thriving location is also surrounded by established businesses including Casey's, Kwik Star, Raccoon Valley Bank, Kindercare, Earl May, Hy-Vee, Arby's, Culver's, Menards, and Walmart, providing a strong retail environment. The high median household income within a 5-mile radius ($106,446-$112,641) underscores the area's strong consumer base. With a total population exceeding 59,998 within a 5-mile radius (2017 data), this property offers unparalleled potential for significant returns. The asking price is $886,010. This is a rare opportunity to acquire a prime retail land parcel in a rapidly expanding market.

Highlights

  • Heritage Park Lot 5 offers 1.13 acres.
  • The property is zoned C-2.
  • Highway 141 has a 2020 VPD of 26,426.
  • Located in a rapidly growing commercial and residential area.
  • On-site utilities are available.
  • East of the 50-acre Grimesplex sports complex, projected to draw over 1,000,000 annual visitors.

Property Details for 1221 Gateway Dr

Property type
Retail properties, Land
Square Feet
49,223 SF
Lot Size (sq. ft)
49,223 SF

Location Insight

City
Grimes
County
Polk
State
Iowa
Latitude
41.6975911
Longitude
-93.775848

FAQs

What type of property is this?
Retail property - Prime Grimes location, high traffic, C-2 zoning
Where is the retail property located?
The property is located at 1221 Gateway Dr Grimes, IA.
What is the asking price?
The asking price for this property is $886,010.
What are key features of this property?
This property features: Heritage Park Lot 5 offers 1.13 acres.; The property is zoned C-2.; Highway 141 has a 2020 VPD of 26,426.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1221 Gateway Dr
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