0 Waukee Ia Waukee, IA 50263
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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.