Mixed-Use Land for Sale in Grimes, Iowa

550 SE Gateway Dr, Grimes, IA 50111

$315,000

1.5 acres

Active sale

$10k drop

Est $2,222/mo

This land is R-3 medium which allows for medium-density residential development up to 8 units per acre. Townhomes or condos are in the future city plan.

Location

Street address: 550 SE Gateway Dr
County: Polk County
Zip code: 50111
Community: Grimes
Elevation: 938 feet
Coordinates: 41.6842, -93.7781

Land for sale in Iowa

Directions

From E 1st St turn south on SE Gateway Dr. Land will be just south of Dollar Tree.

Property details

Acreage: 1.499 acres65,296 sq ft
Zoning: C-2
MLS #: DMAAR 739559
Posted: Apr 29, 20266 months ago

Property taxes

2025: $60

Parcels

31100305550118

Legal description

-EX W 107F- LOT 7 GRIMES CROSSING PLAT 3

Listing history

Date	Event	Price	Change	Source
Nov 11, 2026	Relisted	$315,000	—	DMAAR
Oct 30, 2026	Removed	$315,000	—	Listing agent
Sept 23, 2026	Price drop	$315,000	$10,000 -3.1%	DMAAR
Apr 29, 2026	New listing	$325,000	—	DMAAR

Payment calculator

This 1.499-acre property is located at 550 SE Gateway Dr in Grimes, IA 50111. The land is available for sale, priced at $315,000 — $210,140 per acre.

Listed by Agency Iowa, (515) 864-6444

Checked 2 hours agoUpdated Nov 12, 2026Source

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