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637 SW Meadowbrooke Dr
Grimes, IA 50111
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.36 acres <ul><li><span>Multiple buildable lots available (Plat 2 & 4)</span></li><li><span>Flat terrain for efficient, cost-conscious construction</span></li><li><span>City water, sewer, and utilities available</span></li><li><span>Flexible options for custom homes or builders</span></li><li><span>Located in growing Grimes community</span></li><li><span>Near schools, parks, and expanding amenities</span></li><li><span>Lot #: 49</span></li><li><span>Lot Area (SF): 15679</span></li><li><span>Front
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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
