729 Center Street, Grinnell, IA 50112
Poweshiek County
Key Facts
Description
Rare opportunity to own a premier residential building site located at 729 Center Street in the heart of Grinnell Iowa. This expansive parcel spans zero point thirty seven acres and encompasses over fifteen thousand nine hundred square feet of prime real estate. Comprising lots one through four of block twenty five in the West Grinnell area this property offers an impressive one hundred thirty feet of front footage providing ample space for a sprawling custom home or a multi unit residential project. One of the most significant benefits of this location is its eligibility for the City of Grinnell Urban Revitalization Tax Abatement program. Builders and homeowners can take advantage of substantial financial incentives including a five year one hundred percent tax exemption on the first seventy five thousand dollars of actual value added for standard residential builds. For those interested in developing three or more dwelling units the city offers an even more aggressive ten year one hundred percent tax exemption on the value added. Situated within the Grinnell Newburg School District and just a short distance from the vibrant downtown shops and the Grinnell College campus this level and regular lot is ready for immediate development. Whether you are looking to build a private residence with a massive yard or seeking a high yield investment opportunity this property provides the space and the tax incentives to make your vision a reality.
Property Information
Property Type
Land
Style
Lots & Land
Lot Size
0.37 acres
Lot Dimensions
***
Days on Market
2
MLS® Listing#
6338182
Property Features
Financial Details
Annual Taxes
$312
Tax year 2024
Parcel Number
0594500
Directions
use gps
Affordability Calculator
$8,000
Estimated monthly payment
$213/mo
Principal $32,000 · Est. interest $44,643 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grinnell, IA
- $254,054
- Median Listing Price
- 54
- Median Days on Market
- 1,824
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 66
- Active Listings
- This home’s price is 84% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grinnell, IA.
Location
Points of Interest in Grinnell, IA
Showing the Grinnell area map.
Nearby Schools
Davis Elementary School
Elementary · 0.5 mi away
Ucc Community Preschool
School · 0.5 mi away
Bailey Park Elementary School
Elementary · 0.5 mi away
Grinnell Community Senior High School
Secondary · 0.8 mi away
Diamond Trail Children's Center
School · 0.9 mi away
Central Iowa Christian School
School · 0.9 mi away
Grinnell Middle School
Secondary · 1.2 mi away
Fairview Elementary
Elementary · 1.2 mi away
East Marshall Middle School
Secondary · 9.8 mi away
Lynnville-Sully CSD
School · 12.4 mi away
Lynnville-Sully High School
Secondary · 12.7 mi away
East Marshall Elementary School
Elementary · 13.7 mi away
BGM Community School
Secondary · 14.8 mi away
Montezuma High School
Secondary · 15.0 mi away
Aurora Heights Elementary School
Elementary · 15.3 mi away
Berg Middle School
Secondary · 15.4 mi away
Newton Christian School
School · 15.6 mi away
Emerson Hough Elementary School
Elementary · 16.3 mi away
Newton Senior High School
Secondary · 16.7 mi away
Basics & Beyond Alt High School
Secondary · 17.2 mi away
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EXIT Agents in Grinnell
Listing Courtesy: RE/MAX Partners Realty, Grinnell - 6412366683
Presented by: Matthew Karjalahti