2500 SE Grimes Blvd SE

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2500 SE Grimes Blvd SE

Grimes, IA 50111
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The site encompasses 8.35 acres of commercial land.
  • Located at 2500 SE Grimes Blvd SE in Grimes, Iowa.
  • Property is currently offered for sale to qualified buyers.
  • Positioned within the active Des Moines metropolitan regional market.
  • Suitable for a wide range of commercial development applications.

What's Special

This 8.35-acre commercial land parcel at 2500 SE Grimes Blvd SE presents a significant development opportunity within the Grimes, Iowa market. The property provides sufficient acreage to accommodate various commercial projects, serving a growing suburban population within the Des Moines metropolitan area. As Grimes continues to expand, this site remains well-positioned to support retail, office, or service-oriented business operations requiring proximity to local thoroughfares. Investors and developers can leverage the expansive footprint to create a multi-tenant commercial center or a standalone facility. The site offers sufficient space for site planning and infrastructure integration, meeting the demands of business buyers looking for accessible land in a developing corridor. Prospective users will find this location suitable for establishing a lasting presence in a region characterized by consistent commercial and residential growth.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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