# 550 SE Gateway Drive, Grimes, IA 50111

> **TL;DR:** land, $325,000. Est. $1,408/mo. Listed 33 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Lot Size | 65,296 sqft (1.50 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 33 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Property Highlights

- 1.50 acre lot

## Description

### Agent Description
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

- **Address:** 550 SE Gateway Drive, Grimes, IA 50111
- **County:** Polk
- **Coordinates:** 41.684179, -93.778112
- **Google Maps:** https://www.google.com/maps?q=41.684179,-93.778112

## Listing Agent

- **Name:** Beth Cochran
- **Brokerage:** Agency Iowa
- **Phone:** 5159793750
- **Email:** bethanycochranrealtor@gmail.com

## Primary Photo

![550 SE Gateway Drive - Primary Photo](http://lh.rdcpix.com/a9b83dd120174382bed737f464cb469fl-f116158451r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/550-se-gateway-drive-grimes-ia-50111-a739559)*

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**MLS#:** 739559 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/550-se-gateway-drive-grimes-ia-50111-a739559)

---

## Structured Data

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  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "550 SE Gateway Drive, Grimes, IA 50111",
  "description": "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.",
  "url": "https://www.propertysimple.com/listing/550-se-gateway-drive-grimes-ia-50111-a739559",
  "image": "http://lh.rdcpix.com/a9b83dd120174382bed737f464cb469fl-f116158451r.jpg",
  "datePosted": "2026-06-17",
  "price": 325000,
  "priceCurrency": "USD",
  "address": {
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    "streetAddress": "550 SE Gateway Drive",
    "addressLocality": "Grimes",
    "addressRegion": "IA",
    "postalCode": "50111",
    "addressCountry": "US"
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  "geo": {
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    "latitude": 41.684179,
    "longitude": -93.778112
  },
  "yearBuilt": null
}
```