Grimes, Iowa Commercial Real Estate Market Report

The active listing inventory for Grimes, Iowa, currently stands at 166 properties on Commrty, all of which are offered for sale. This inventory represents the total market activity captured over the last 90 days. There were no new listings added within the most recent 30-day window, and no properties have been recorded as sold or leased in the last 180 days. This supply reflects a quiet period for transactions within the marketplace, providing a focused look at the current availability of assets for prospective buyers looking to enter this developing suburban market in the Des Moines metropolitan area. Pricing for these active listings shows a wide range, starting at $87,000 and reaching up to $275,000. Among the 159 listings that have published a specific asking price, the median price sits at $98,000. These figures offer a baseline for investors evaluating the cost of acquisition in Grimes. Because the inventory is heavily concentrated, the pricing structure is relatively accessible compared to larger urban centers, which may appeal to local developers or those seeking land holdings with moderate capital requirements for future site development projects. The asset mix in Grimes is dominated by land, which accounts for 164 of the 166 active listings. Only two retail properties are currently available, both offered for sale rather than lease. This composition suggests that the local market is primarily oriented toward long-term development or land banking rather than immediate commercial operational space. Prospective buyers will find few options for existing retail infrastructure, making this market better suited for those planning new ground-up projects or industrial expansion in an area that continues to grow alongside the greater Des Moines region.