1221 Gateway DrGrimes, IA 50111

Property Details for 1221 Gateway Dr

Lot size

1.13 AC

Property type

Commercial real estate

APN

311/00305-571-105

APU

31100305571105

Description

This exceptional offering presents five commercial lots totaling 1.13 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 Hope Development represents a significant $250 million investment, boasting a diverse mix of commercial, residential, and recreational components. A key anchor tenant is Hy-Vee, whose substantial 100,000+ square foot grocery store already draws significant traffic to the area. The development also includes a planned 50-acre turf sports facility, further enhancing the area's appeal and attracting a wide range of residents and visitors. These lots (Lot 5 as shown on aerial imagery) offer a unique opportunity to establish a business within a rapidly growing and highly visible location, benefiting from the substantial investment and ongoing development within the Hope Commercial Development. The property's prime location and proximity to a major grocery store and future amenities make it an ideal investment for businesses seeking high visibility and strong potential for growth. This is a rare opportunity to secure a prominent position in a thriving community. The asking price for this exceptional commercial land is $884,718.

• Alternative Use

  Use

  Valuation

  Residential

  $9,804,947

  Hospitality

  $8,981,278

  Educational

  $7,472,318

  Medical

  $7,729,302

  Retail

  $11,623,606

Location Insight

City

Grimes

County

Polk

State

Iowa

Latitude

41.6976

Longitude

-93.7758

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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