521 SW Goldfield Street

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521 SW Goldfield Street

Grimes, IA 50111
Asking Price
$91K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.21 acres <ul><li>​Multiple buildable lots available (Plat 2 & 4)</li><li>​Flat terrain for efficient, cost-conscious construction</li><li>​City water, sewer, and utilities available</li><li>​Flexible options for custom homes or builders</li><li>​Located in growing Grimes community</li><li>​Near schools, parks, and expanding amenities</li><li>​Lot SF: 9130</li><li>​Lot Acre: 0.20959595959596</li><li>​Lot Width (ft): 61'</li><li>​Front Setback: 30'</li><li>​Side Setback: 5' (10' total)</li><li>​Rear Setbac

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NOI
$80,000
Cap Rate
87.91%
DSCR
14.81
Strong
Cash-on-Cash
273.25%
Monthly Payment
$450.218
Annual Cash Flow
$74,597.38

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