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Dallas County, IA
110.00 Acres M/L

230th Street
Grimes, IA 50111

Price	$1,870,000
Listing	#13910

LAND AGENT

Matt Adams

Office: 515.222.1347
Mobile: 515.423.9235
Matt@PeoplesCompany.com

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Description

Offering approximately 110 acres m/l of transitional development land located just west of Grimes, Iowa. Property is currently in the phase two region of the annexation plan for the City of Grimes. The closest serviceable sanitary sewer and water is currently located in the Beaverbrooke subdivision on the north side of Grimes, roughly 2 miles northeast of subject property- see Attachments for exact maps. Dallas Center-Grimes Community School is located just one mile east, making this land ideal for future residential development. According to recent development data, the City of Grimes issued 207 new building permits while only 180 lots were developed in 2016, indicating an increase in demand and a decrease in inventory of lots available. The existing acreage on the northwest corner of the property will be surveyed off prior to closing. Farm consists of approximately 108 tillable acres carrying a 88.6 CSR2 with potential to be 100% tillable. Primary tillable soils include Clarion, Nicollet, and Webster loam. Property is located just 3 miles west of Grimes in Section 35 of Grant Township.

Legal Description

The East One Half of the Northwest Quarter (E 1/2 NW 1/4) Except 10 Acres m/l to be surveyed prior to closing in the Northwest corner quarter of the Northeast Quarter of the Northwest Quarter (NW 1/4 NE 1/4 NW 1/4) AND the West One Half of the West One Half of the Northeast Quarter (W 1/2 W 1/2 NE 1/4) all in section 35, Township 80, Range 26 in Grant Township and located entirely in Dallas County, Iowa. *Exact Legal Description to be taken from Abstract.

Directions

From Grimes, Iowa: Travel west out of Grimes, Iowa on State Highway 44 for 3 miles until W Avenue. Turn right (north) on W Avenue for 1 mile until 230th Street. Turn right (east) on road frontage for 1/4 mile and property is located on south side of road. Look for sign.

Sign On Property: Yes
School District: Dallas Center - Grimes Community School District
General Area: Just west of Grimes, Iowa
Net Taxes: $2,924.00
CSR: 82
CSR2: 88.00
Water: Rural
Zoning: Ag

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