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691 SW Echo Hill Street
Grimes, IA 50111
Asking Price
$89K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 0.25 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: 10988</li><li>Lot Acre: 0.252249770431589</li><li>Lot Width (ft): 88'</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
90.40%
DSCR
15.23
Strong
Cash-on-Cash
281.53%
Monthly Payment
$437.85
Annual Cash Flow
$74,745.803
