2326 SW 6th Court

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2326 SW 6th Court

Grimes, IA 50111
Asking Price
$101K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.44 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: 19316</li><li>​Lot Acre: 0.443434343434343</li><li>​Lot Width (ft): 68'</li><li>​Front Setback: 30'</li><li>​Side Setback: 5' (10' total)</li><li>​Rear Setb

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NOI
$80,000
Cap Rate
79.21%
DSCR
13.34
Strong
Cash-on-Cash
244.24%
Monthly Payment
$499.693
Annual Cash Flow
$74,003.685

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