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985 SW Echo Hl St
Grimes, IA 50263
Asking Price
$104K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.22 acres <ul style="margin-bottom: 0"><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: 9564</li><li>Lot Acre: 0.22</li><li>Lot Width (ft): 70'</li><li>Front Setback: 30'</li><li>Side Setback: 5' (10' total)</li><l
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NOI
$80,000
Cap Rate
76.92%
DSCR
12.96
Strong
Cash-on-Cash
236.62%
Monthly Payment
$514.535
Annual Cash Flow
$73,825.577
