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    University Ave Waukee, IA 50263

    Sponsored
    For Sale
    $797,145

    Prime 1.22-acre commercial lot, high visibility.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.22-acre commercial lot, located at the intersection of Alices Rd and SE University Ave in Waukee, Iowa, presents a unique investment opportunity. Priced at $797,145, this property offers significant potential for retail, office, or flex space development. Situated within the Autumn Ridge Outlots, this lot boasts excellent visibility and convenient access. The property backs up to a thriving multi-family development, ensuring a built-in customer base and high foot traffic. All necessary infrastructure is already in place, simplifying the development process and minimizing upfront costs. With a land value of $53,143 per square foot, this represents a compelling investment in a rapidly growing area of Waukee. The lot's size provides ample space for a variety of development options, catering to diverse business needs. The strategic location within the Autumn Ridge Outlots, combined with the existing infrastructure and proximity to residential areas, makes this a highly desirable property for developers and investors seeking a strong return on investment in a vibrant and expanding community. The zip code is 50263, and the property is located in Dallas County, Iowa. This is a rare opportunity to acquire a prime commercial lot in a high-demand location.

    Property Features for 0 University Ave

    General Information

    Property type
    Land
    Square Feet
    1 SF
    Lot Size
    53,143 SF

    HighLights

    • 53,143 SF land parcel
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waukee
    County
    Dallas
    State
    Iowa
    Longitude
    -93.8528806
    Latitude
    41.6004737

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    FAQs

    What type of property is this?
    Land - Prime 1.22-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at University Ave Waukee, IA.
    What is the asking price?
    The asking price for this property is $797,145.
    What are key features of this property?
    This property features: 53,143 SF land parcel; ;
    Request Owner's contact information
    University Ave Waukee, IA 50263
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    University Ave Waukee, IA 50263
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