Polk County property record for 1101 E 1st St, Grimes, IA 50111
| Property Type | Regional Shopping Center, Mall |
|---|---|
| Details | 20,250 sqft · built 2021 |
| Lot Size | 2.59 acres (112,864 sqft) |
| Owner | Company Name on File |
| Last Sale | $5,250,000 (Mar 2023) |
| Tax Bill | $154,190 (2024) |
| Deeds & Mortgages | Mar 2023 Sale & Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 311/00305-730-701 |
| Primary APN | 311/00305-730-701 |
|---|---|
| Alternative APN |
|
| Stories | 1 Story |
|---|---|
| Building Area | 20,250 sqft Gross Area |
| 1st Floor Area | 20,250 sqft |
| Year Built | Built 2021 |
|---|---|
| Effective Year Built | Effective 2021 |
| Exterior Material | Brick Veneer |
| Construction Type | Steel Frame |
| Fire Resistance | Fireproof Steel Frame |
| Roof Type | Flat |
| Lot Area | 112,864 sqft (2.59 acres) |
| Patio Area | 864 sqft |
| Cooling System | HVAC |
|---|---|
| Heating System | Forced Air with A/C |
| Water Source | Commercial |
| Street Address | 1101 E 1ST ST |
|---|---|
| City | GRIMES |
| State | IA |
| Zip | 50111-4945 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Regional Shopping Center, Mall |
| Legal Description | LOT 1 HOPE COMMERCIAL PLAT 2 |
| Legal Subdivision | HOPE COMMERCIAL PLAT 2 |
| Legal Lot Number | 1 |
| Jurisdiction | POLK IA |
| Township / Civil Division | JEFFERSON |
| Census Block Group | 1 |
| Census Block | 1031 |
| Census Tract | 11302 |
1101 E 1st St, a commercial property, is owned by a company that bought it in March 2023.
Source: Polk County records, as of June 11, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 10888 HICKMAN RD, 3B, CLIVE, IA 50325-3715 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Mar 2, 2023 · Amount on File |
| Deed Sale | Mar 2, 2023 · Amount on File |
| Deed Document Number | 20239491 |
| Deed Book / Page | 19407 / 708 |
| Record Updated | Sep 20, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | POLK IA |
| Recording Date | Mar 2, 2023 |
| Property Address | 1101 E 1ST ST, GRIMES, IA 50111-4945 |
| Document Number | 0000009491 |
| Book / Page | 19407 / 708 |
| Map Reference | MB 17908 PG 514 |
| Instrument Date | Feb 15, 2023 |
| Instrument | 2023-00009491 |
| Transaction Type | Transfer |
| Record Updated | Nov 6, 2023 |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $8,399.20 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 2900 JORDAN GRV, WEST DES MOINES, IA 50265-6464 |
| Document Number | 0000009492 |
|---|---|
| Date | Mar 2, 2023 |
| Instrument | 2023-00009492 |
| Name | COMMUNITY BUSINESS LENDERS SERVICES |
|---|---|
| Type | Mortgage Company |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 299 Months |
| Due | Feb 20, 2048 |
Source: Polk County assessment roll, as of October 13, 2025
| Type | Name |
|---|---|
| State | Iowa |
| County | Polk County |
| Municipality | Grimes City |
| Unified School District | Dallas Center-Grimes Community School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $4,920,000 Land $1,920,000 Building $3,000,000 | $4,920,000 Land $1,920,000 Building $3,000,000 | |
| 2024 | $154,190.00 | ||
| 2023 | $4,320,000 Land $1,690,000 Building $2,630,000 | $4,320,000 Land $1,690,000 Building $2,630,000 | |
| 2020 | $88.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1101 E 1st St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.
Source: FEMA National Flood Hazard Layer, effective August 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 15 policies |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 15 in force |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 1101 E 1st St has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | GRIMES WATER SUPPLY serves 17,997 people · EPA ID IA7736011 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Jun 2023 |
| Lead | Under 1 ppb (2021–2023) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.
Source: FCC Broadband Data Collection, based on 62 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Metronet Fiber | 5,120 / 5,120 |
| Mediacom Xtream Cable | 2,000 / 1,000 |
| CenturyLink DSL · Fiber in parts of the area | 140 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: Verizon.
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