3600 Miehe DrGrimes, IA 50111

  • Commercial real estate
  • 1,309 SF
For Sale
$520,624 View listing

Property Details for 3600 Miehe Dr

Lot size
1.49 AC
Property size (Sq ft)
1,309 SF
Zone code
M-2
Property type
Commercial real estate
APN
311/01519-001-000
APU
31101519001000

Description

This exceptional 8,092 square foot retail and office building presents a unique pre-leasing opportunity in the thriving Grimes, Iowa market. Located at the highly visible northwest corner of SE 37th Street and SE Miehe Drive, this single-story building offers excellent accessibility to major thoroughfares including Highway 141, 100th Street, and Interstates 35/80, ensuring convenient access for both employees and customers. The property sits on a substantial 1.49-acre lot (65,079 square feet) and is zoned M2, allowing for a variety of commercial uses. The building is currently entirely vacant, offering flexible space options ranging from a minimum of 3,238 contiguous square feet to a maximum of 4,854 contiguous square feet. Multiple tenancy is possible. Benefit from high daily traffic counts, with over 9,000 vehicles passing SE 37th Street daily (2016 data). This centrally located property serves the communities of Grimes, Johnston, and Urbandale, providing access to a large and diverse customer base. The lease rate is negotiable, making this an attractive investment opportunity for businesses seeking a prominent location with excellent visibility and convenient access to key transportation routes. The property is ideally suited for a variety of retail and office uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $261,216
    Hospitality
    $239,273
    Educational
    $199,072
    Medical
    $205,918
    Retail
    $309,668
3600 Miehe Dr, Grimes, Iowa

Location Insight

City
Grimes
County
Polk
State
Iowa
Latitude
41.6589
Longitude
-93.7676
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$3,476
$203,000
-
$203,000
-
$203,000
-
$203,000

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