1151 Gateway DrGrimes, IA 50111

Property Details for 1151 Gateway Dr

Lot size

1.12 AC

Property type

Commercial real estate

APN

311/00305-571-106

APU

31100305571106

Description

This exceptional offering presents five commercial lots totaling 1.12 acres, strategically positioned at the eastern entrance of the burgeoning Hope Commercial Development in Grimes, Iowa. Enjoy unparalleled visibility from Highway 141, situated directly on the main thoroughfare traversing this expansive 211-acre master-planned community. The high-profile location benefits from its proximity to Hy-Vee's substantial 100,000+ square foot grocery store, a key anchor tenant within the $250 million Hope Development. This vibrant mixed-use development encompasses commercial, residential, and a significant 50-acre turf sports facility, ensuring a thriving and diverse surrounding environment. The lots, identified as Lot 6 on the aerial view, offer significant potential for a variety of commercial ventures, capitalizing on the high traffic counts and strong community growth. This is a rare opportunity to secure a prime commercial location within a rapidly expanding and highly desirable area. The asking price for this exceptional property is $879,408. Don't miss this chance to establish your business in a thriving community with exceptional visibility and access. Contact us today to learn more about this exciting investment opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $9,752,668

  Hospitality

  $8,933,392

  Educational

  $7,432,477

  Medical

  $7,688,091

  Retail

  $11,561,631

Location Insight

City

Grimes

County

Polk

State

Iowa

Latitude

41.6972

Longitude

-93.7758

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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