0 Esker Rdg Dr Waukee, IA 50263
This exceptional Class A medical office building, located in Waukee, Iowa's thriving Kettlestone District, offers 122,403 square feet of space on a 2.81-acre lot. Priced at $2,080,861 ($17 per square foot), this property is zoned K-MU, providing flexibility for a variety of medical uses. The building sits within a vibrant mixed-use development featuring commercial, residential, and recreational amenities, including shopping, dining, and entertainment options. Its strategic location offers easy access to major transportation routes, being just one mile from I-80 and three miles west of Jordan Creek Town Center, the Midwest's fourth-largest shopping center. The Kettlestone District is planned for development over the next 25 years, ensuring long-term growth potential. This prime location benefits from proximity to established businesses such as Vizypay, Sleep Inn, Live Nation, KinderCare, Holmes Murphy, and the upcoming Community Choice CU (opening in 2024). The property's location in Waukee, one of the Midwest's fastest-growing communities, presents a compelling investment opportunity in a dynamic and expanding market. This building is ideal for medical practices and financial institutions seeking a high-visibility location within a thriving community. The property's size and zoning offer significant potential for expansion and future development within the Kettlestone District.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.