Commercial Real Estate Market in Waukee, IA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
37 active listings and 633 off-market properties in Waukee, IA. Commercial property asks $192/SF to buy (based on 5 listings) and $17.75/SF/Yr to lease (based on 9 listings).
Market Trends
Waukee, IA spans 27.5 square miles in Dallas County, Iowa. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Waukee, IA runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Waukee, IA runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Waukee, IA has a median asking sale price of $192/SF (based on 3 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Waukee, IA runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 40.1%
- Residential 25.7%
- Industrial 19.5%
- Commercial 10.9%
- Planned_development 2.4%
- Open space 1.3%
Largest Zones share of zoned land by district
Market overview
Demographics & Economy
Waukee, IA has 24,817 residents in 11,323 households. Density runs 904 people per square mile. Median household income here is $107,864 and median gross rent $1,296 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Clive | $200 | $12.00 |
| Urbandale | $168 | $10.50 |
Commercial property in Waukee, IA asks $192/SF. The 2 bordering markets run from $168/SF in Urbandale to $200/SF in Clive, and the city sits above their $184/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Waukee?
How much does it cost to lease commercial space in Waukee?
How does Waukee compare to nearby markets on price?
Where does Realmo's Waukee market data come from?
Methodology & data sources
- Asking prices and medians
- There are 14 active for-sale and 23 active for-lease listings in Waukee, IA. The medians are based on 5 of the for-sale and 9 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 13,356 zoned acres across 24 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
