& I80 Cor Of Grand Pr Pkwy Waukee, IA 50263
This exceptional 130-acre parcel presents a unique investment opportunity in Waukee, Iowa's thriving Kettlestone development. Strategically located at the northwest corner of Grand Prairie Parkway and Interstate 80, Exit 118, this property benefits from unparalleled access to major transportation arteries. Projected average daily traffic on Grand Prairie Parkway is expected to reach 40,350 vehicles by 2025, ensuring high visibility and accessibility for any commercial venture. The area is zoned for Kettlestone Regional District and Kettlestone Multi-family Stacked High District uses, offering flexibility for a variety of development plans. Just 15 miles from Des Moines, this location offers the advantages of a dynamic, growing city with a strong school system and high quality of life, while also being close to a major metropolitan area. The surrounding area boasts a diverse range of established businesses, including Live Nation's music venue, restaurants, medical facilities, hotels (Sleep Inn & Mainstay Suites), and retail (Fleet Farm). Major corporate tenants such as Holmes Murphy & Associates and Vizypay have also chosen Kettlestone as their home, further solidifying the area's appeal. This property's combination of size, location, and zoning potential makes it an ideal site for a wide range of commercial developments, capitalizing on Waukee's continued growth and the area's strong infrastructure. The property's proximity to Interstate 80 provides easy access to regional and national markets, enhancing its long-term investment value. This is a rare opportunity to acquire a significant land holding in one of Iowa's most desirable and rapidly developing areas.
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.