Property profile

0 Grand Pr Pkwy Waukee, IA 50263

OFF-MARKET
Land
4.56 ac lot
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Property summary

AI-generated overview

This exceptional 4.56-acre commercial land parcel presents a remarkable investment opportunity in Waukee, Iowa's fastest-growing suburb. Situated within the thriving Kettlestone mixed-use development, this property offers unparalleled access to Interstate 80 and is ideally positioned for a restaurant, strip center, or other commercial ventures. The land is priced at $22 per square foot and can be subdivided into two parcels, providing flexibility for development. Kettlestone boasts a vibrant mix of shopping, dining, and entertainment options, complemented by parks, ponds, and trails. The area is experiencing significant growth, attracting businesses seeking a dynamic location with robust infrastructure and amenities. This site benefits from its proximity to major employers, including Holmes Murphy, Fleet Farm, and several hotels, as well as the new Live Nation Waukee venue and Marriott Hotel currently under construction. Furthermore, its location less than a mile north of I-80 and three miles west of Jordan Creek Town Center, the Midwest's fourth-largest shopping center, ensures high visibility and accessibility. This prime location within a rapidly expanding community makes this a truly exceptional opportunity for long-term growth and investment. The property is zoned for commercial use and is ready for immediate development. Dallas County, Iowa, zip code 50263.

Property profile

Verified
Property type Land
Lot 4.56 ac (198,634 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Grand Pr Pkwy Waukee, IA 50263
Waukee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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