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Property profile & analytics
OFF-MARKET
Land

0 Waukee Ia Waukee, IA 50263

33.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 33.5-acre commercial land parcel, totaling 1,459,260 square feet, presents a unique investment opportunity in the thriving Waukee, IA submarket of Des Moines. Located at the northeast corner of Hickman and Alice's Road in Dallas County, this property boasts a highly desirable C-Commercial zoning designation. The site offers unparalleled visibility and accessibility, situated at a major intersection with an impressive daily traffic count of 40,000 vehicles. This presents a fantastic opportunity for significant signage and brand exposure. Development options include build-to-suit projects or ground leases, allowing for flexibility in design and development plans. The site can accommodate a retail building of up to 187,000 square feet. The surrounding area features a strong demographic profile, with a young and educated population; within a 3-mile radius, the average age is 33.3 years, and 65% of residents hold at least a bachelor's degree. This vibrant location is anchored by established national retailers such as Hy-Vee, Target, Starbucks, Aldi, and AutoZone, ensuring high foot traffic and consumer spending. This is a rare opportunity to establish a presence in one of the fastest-growing suburbs in the nation (9th fastest growing). The property's strategic location and development potential make it an ideal investment for businesses seeking to capitalize on Waukee's robust economic growth and strong consumer base.

Property profile
Verified
Property type Land
Lot 33.5 ac (1,459,260 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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