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    University Ave Waukee, IA 50263

    Sponsored
    For Sale
    $797,145

    1.22 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.22-acre commercial land parcel presents a remarkable investment opportunity in Waukee, Iowa. Situated at the intersection of Alices Road and SE University Ave, this property boasts a strategic location within the thriving Autumn Ridge Outlots, directly adjacent to a substantial multi-family development. The asking price is $797,145, translating to a land value of $653,398 per acre. This prime development site offers significant potential for a variety of uses, including retail, office, and flex spaces. All necessary infrastructure is already in place, simplifying the development process and minimizing upfront costs. The property's convenient location within the Autumn Ridge Outlots ensures high visibility and accessibility, attracting a large customer base. The proximity to a well-established residential community further enhances its appeal and potential for strong returns. This is an exceptional opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area of Waukee, Iowa, with the potential for significant future appreciation. The property is zoned for commercial and industrial uses, providing flexibility for a range of development projects. Dallas County's robust economy and strong population growth make this a particularly attractive investment. The zip code is 50263. The coordinates are 41.6004737 latitude and -93.8528806 longitude.

    Property Features for 0 University Ave

    General Information

    Property type
    Land
    Lot Size
    53,143 SF

    HighLights

    • $797,145 asking price.
    • 1.22‑acre commercial and industrial land parcel.
    • $653,398 per acre land value.
    • Located in Waukee, IA, at Alices Road and SE University Ave, zip code 50263.
    • Situated in the Autumn Ridge Outlots, backing a multi‑family development.
    • Ready for retail, office, or flex space development; infrastructure is in place.
    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 - 1.22 Acres, Prime Development Site
    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: $797,145 asking price.; 1.22-acre commercial and industrial land parcel.; $653,398 per acre land value.
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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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