9.89 acres m/l of prime multi-family development land in rapidly growing Grimes, Iowa. Zoned R-3 medium density residential with a maximum of 10 units/acre. Water, sewer and grading extended through site for proposed day-care center and phase one of a 24 unit condominium complex. Gas and electric run on the west side of N. James St parallel to the site. Site could be developed as proposed condominium complex or re-platted to apartments or other R-3 uses while still utilizing the existing infrastructure.